609 Campbell Station Rd Knoxville, TN 37934
Call to check price and availability
High-yield QSR investment, 10-year lease.
Property size:
3,795 SFProperty Features for 609 Campbell Station Rd
General Information
- Property type
- Restaurants
- Square Feet
- 3,795 SF
- Class
- B
- Lot Size
- 75,794 SF
Building Details
- Year Built
- 2000
- Buildings
- 1
- Stories
- 1
- Units
- 1
Listing Agency: NAI Koella | RM Moore Listing Agent: Justin Sterling
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a 3,795 square foot Hardee's restaurant located at 609 N Campbell Station Rd, Knoxville, TN 37934. The property sits on a 1.74-acre lot and boasts a strong 10-year absolute NNN corporate lease with a national credit tenant, guaranteeing consistent income. The property features a 5.00% cap rate and a $150,000 annual net operating income (NOI). Built in 2000, this Class B retail building enjoys 100% occupancy and is situated in a high-traffic area with excellent visibility along a major roadway, experiencing 27,000 cars per day. The location is within a dominant retail trade area serving a highly desirable demographic in the affluent Farragut community, west of Knoxville, known for its high median household income and home values. The property's zoning is commercial, and the asking price is $3,000,000, translating to $790.51 per square foot. This is a rare opportunity to acquire a stable, high-performing investment with significant long-term potential. The property's location, tenant strength, and lease terms make it an attractive addition to any institutional investment portfolio. The property is not located within city limits. The parcel number is 142 10201.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Hardee's
Restaurant
Location Insight
- Map
- Local Demand
- City
- Knoxville
- County
- Knox
- State
- Tennessee
- Longitude
- -84.17452838
- Latitude
- 35.89480259
Nearby Similar for Sale
FAQs
What type of property is this?
Restaurant - High-yield QSR investment, 10-year lease.
Where is this restaurant located?
The property is located at 609 Campbell Station Rd Knoxville, TN.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Absolute NNN lease with 10-year corporate guarantee.; Located outside city limits.; High-traffic main arterial road with 27,000 cars per day (afternoon peak).
