Firehouse Investment Property For
825 Cosby Hwy, Newport, TN 37821
NNN leased Firehouse in Newport, Tennessee with long-term tenant.
Type:Retail
Property size:
2,200 SFPrice / SF:
$956/SF- Added:
- Feb 3, 2026
- Days on Market:
- 98
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 825 Cosby Hwy
General Information
- Standard status
- Active
- Size
- 2,200 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2024
Listing agent Zack Williams License #CA - 021119181
Listing office SRS Real Estate Partners Newport Beach
Listing date Feb 3, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Newport Beach
HighLights
- Absolute NNN lease offers a management‑free, passive investment.
- Tenant has over 13 years remaining on the lease with options to extend, showing long‑term commitment.
- Features 10% rental increases every 5 years, growing NOI and hedging against inflation.
- Located near the signalized intersection of Cosby Hwy and Interstate 40 with high traffic volume.
- Situated in a primary retail corridor adjacent to national tenants.
- Located within 1‑mile of a Walmart Supercenter and Lowe’s Home Improvement.
Overview
This investment property in Newport, Tennessee, is leased to Firehouse with over 13 years remaining on the lease and two 5-year options to extend. The absolute NNN lease structure requires zero landlord responsibilities. The lease includes 10% rental increases every 5 years throughout the initial term and option periods. The property is located near the intersection of Cosby Hwy and Interstate 40, which sees an average of 58,000 vehicles per day. Cosby Hwy is a major retail thoroughfare. The Firehouse is located adjacent to a Pizza Hut, KFC, McDonalds, Hardee’s, Taco Bell, Bojangles, and Arby’s. The property is within 1-mile of a Walmart Supercenter, Murphy’s Gas, and Wendy’s. A Lowe’s Home Improvement is also less than 1-mile away. Other nearby national tenants include Dollar Tree, Domino’s Pizza, GameStop, Bojangles, Krystal, Little Caesars Pizza, and Food City. The 5-mile trade area has a population of over 20,824 and 9,335 employees with an average household income of $59,150. The property size is 2,200 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Firehouse Subs Cosby ...
Take-out & Catering
Location Insight
- Map
- Local Demand
- City
- Newport
- County
- Cocke
- State
- Tennessee
- Longitude
- -83.201042
- Latitude
- 35.951153
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - NNN leased Firehouse in Newport, Tennessee with long-term tenant.
Where is this conventional restaurant located?
The property is located at 825 Cosby Hwy Newport, TN.
What is the asking price?
The asking price for this property is $2,104,000.
What are key features of this property?
This property features: Absolute NNN lease offers a management‑free, passive investment.; Tenant has over 13 years remaining on the lease with options to extend, showing long‑term commitment.; Features 10% rental increases every 5 years, growing NOI and hedging against inflation.
