Athens, TN
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    Athens, TN NNN Properties for Sale

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    Riceville, TN Englewood, TN Niota, TN
    20-Year NNN Lease Property
    Contact for pricing
    6,532 SF
    20-Year NNN Lease Property

    1208 Congress Pkwy, Athens, TN

    Long-term NNN lease with attractive rental increases in Athens, TN.
    • Long‑Term, 20‑Year Absolute Triple Net (NNN) Lease offers worry‑free investment with no landlord responsibilities.
    • Corporate guarantee by Join Parachute, a rapidly growing company, ensures stability.
    • Attractive 2.00% rental increases starting in year 6 boost your return.
    • Located in the emerging Plasma industry, projected for significant growth.
    • Tenant will execute a brand new 20‑year absolute triple‑net lease at closing.
    Updated: Jan 29, 2025
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    Athens Walgreens NNN Investment Opportunity
    $3,299,999
    14,550 SF
    Athens Walgreens NNN Investment Opportunity

    805 W Madison Ave, Athens, TN 37303

    NNN leased Walgreens in Athens, TN with corporate guarantee.
    • 25‑year NNN lease with 10 - 5 year options
    • Corporate guaranteed lease with Walgreens
    • Yearly rental income of $265,000
    • 7.47% CAP rate
    • Located in Athens, Tennessee, the county seat of McMinn County, with a metro area of over 50,000 residents
    Updated: Nov 13, 2023
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Athens, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Profitable Restaurant Investment Opportunity
    $3,000,000
    3,975 SF
    Profitable Restaurant Investment Opportunity

    Restaurant property with national tenant in high-traffic location.

    609 North Campbell Station Road, Knoxville, TN 37934

    View details
    Established Harriman Restaurant Investment Opportunity
    $2,300,000
    8,588 SF
    Established Harriman Restaurant Investment Opportunity

    Long-term leased Cracker Barrel with corporate guarantee and rental increases.

    1839 S Roane St, Harriman, TN 37748

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    Harriman TN Cracker Barrel Ground Lease
    $2,556,720
    10,000 SF
    Harriman TN Cracker Barrel Ground Lease

    Ground lease with zero landlord responsibilities and 10+ years remaining.

    1845 S Roane St, Harriman, TN

    View details
    Restaurant Investment Opportunity in Knoxville
    $3,000,000
    3,795 SF
    Restaurant Investment Opportunity in Knoxville

    Profitable restaurant property with national tenant in desirable Knoxville location.

    609 N Campbell Station Rd, Knoxville, TN 37934

    View details

    Athens, TN Nnn Properties Market Trends and Statistics

    Explore 2 nnn properties for sale in Athens, TN on our real estate platform. These investment opportunities span a total of 14,550 square feet of properties for sale, with an estimated market value of $3,299,999.

    Sale prices for triple net lease properties in Athens, TN start at $3,299,999, averaging $3,299,999, and reaching up to $3,299,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 25K
    Population Growth (5Y) +4.5%
    Median Household Income $60,874
    College Educated 14.3%

    High-Yield Neighborhoods for Investment

    Identify Athens submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    37303 $3.3M

    Taxes & Financing

    Tax Rate (average for all types) 2.03%
    Property Tax per SF $38.78 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in McMinn County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in McMinn County

    Retail

    Office

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