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    Knoxville, TN Restaurants for Sale

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    Hardee's NNN Lease Investment
    Updated: May 21
    Hardee's NNN Lease Investment

    7762 Oak Ridge Hwy, Knoxville, TN 37931

    $1,995,000
    3,612 sqft 1.45 AC lot
    Absolute NNN Lease with ±5 Years Remaining, offering passive income.
    Located on Oak Ridge Highway (Highway 62), a major arterial with strong commuter traffic.
    Situated in a growing region of West/Northwest Knoxville with significant residential and commercial development.
    Ongoing Highway 62 enhancements improving accessibility and long‑term appeal.
    Superior visibility with prominent pylon signage, outdoor seating, and dedicated drive‑thru.
    View details
    Restaurant Investment Opportunity in Knoxville
    Updated: Mar 26
    Restaurant Investment Opportunity in Knoxville

    609 North Campbell Station Road, Knoxville, TN 37934

    $3,000,000
    3,795 sqft
    Stabilized income with a national credit tenant (Hardee's).
    Located on a highly traveled road with excellent visibility and access.
    Located in Farragut, TN, an affluent town with a strong economy and high standard of living.
    Tenant has a healthy amount of lease term remaining.
    Easily desirable to replacement tenants.
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    Profitable Restaurant Investment Opportunity
    Profitable Restaurant Investment Opportunity

    609 North Campbell Station Road, Knoxville, TN 37934

    $3,000,000
    3,975 sqft

    Restaurant property with national tenant in high-traffic location.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Freestanding Turnkey Restaurant and Bar
    Freestanding Turnkey Restaurant and Bar

    110 Cedar Ln, Knoxville, TN 37912

    Contact for pricing
    7,308 sqft 1.86 AC lot

    Freestanding restaurant and bar on a large lot with extensive parking, built in 2002 and positioned along a busy commercial corridor.

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    Restaurant Building with Parking
    Restaurant Building with Parking

    7224 Region Ln, Knoxville, TN 37914

    Contact for pricing
    5,781 sqft

    Turnkey restaurant property with an established building design and on-site parking.

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    Freestanding Restaurant Building
    Freestanding Restaurant Building

    5604 Merchants Center Blvd, Knoxville, TN 37912

    Contact for pricing
    5,025 sqft

    Freestanding restaurant building with walk-in cooler and freezer, plus 3-compartment sink and dining seating.

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    Historic-District Restaurant Building
    Historic-District Restaurant Building

    8 Emory Pl, Knoxville, TN 37917

    Contact for pricing
    3,586 sqft

    Built-out restaurant space includes kitchen infrastructure, a bar area, and dining space.

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    Free-Standing Restaurant Building
    Free-Standing Restaurant Building

    750 Brakebill Rd, Knoxville, TN 37924

    Contact for pricing
    3,456 sqft 1.27 AC lot

    Vacant restaurant building with outdoor patio, full kitchen hood, and ample parking on a 1.27-acre lot.

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    Restaurant with Pylon Sign
    Restaurant with Pylon Sign

    5307 North Middlebrook Pike, Knoxville, TN 37921

    $425,000

    The sale includes FF&E and inventory, with recent equipment and electrical updates.

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    Turnkey Restaurant with Walk-In Cooler
    Turnkey Restaurant with Walk-In Cooler

    211 S Central St, Knoxville, TN 37902

    Contact for pricing
    2,300 sqft

    Built-out restaurant space with existing tables, kitchen equipment, small wares, and walk-in refrigerator and freezer.

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    Restaurant Opportunity Near Amazon Center
    Restaurant Opportunity Near Amazon Center

    2904 Knoxville Center Dr, Knoxville, TN 37924

    $1,300,000

    Former restaurant location near Amazon fulfillment center and I-640.

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    Multi-Use Commercial Building For Sale
    Multi-Use Commercial Building For Sale

    Walker Blvd 4440, Knoxville, TN

    Contact for pricing
    10,500 sqft 1.12 AC lot

    10,500 SF multi-use building ideal for culinary operations.

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    Drive-Through Restaurant NNN Property
    Drive-Through Restaurant NNN Property

    4531 Chapman Hwy, Knoxville, TN 37920

    Contact for pricing
    2,542 sqft

    Drive-through restaurant offered under an absolute NNN lease with an on-site billboard providing additional income.

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    KFC Drive-Through NNN Investment
    KFC Drive-Through NNN Investment

    2456 E Magnolia Ave, Knoxville, TN 37917

    Contact for pricing

    Absolute NNN, personally guaranteed KFC drive-thru at a signalized corner intersection with a 20-year sale leaseback.

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    Retail or Restaurant Space
    Retail or Restaurant Space

    4310 Chapman Hwy, Knoxville, TN 37920

    Contact for pricing

    C-3 zoned commercial building on Chapman Hwy with planned occupancy available on 1/1/24.

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    NNN Restaurant Property
    NNN Restaurant Property

    6504 Chapman Hwy, Knoxville, TN 37920

    Contact for pricing

    Annual rent escalations and a tenant-funded 2017 remodel support the lease profile.

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    Mixed-Use Building with Rooftop Space
    Mixed-Use Building with Rooftop Space

    417 S Gay St, Knoxville, TN 37902

    Contact for pricing

    Downtown building combines ground-floor food-and-beverage tenants with upper-level conversion and office possibilities.

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    Vacant Mixed-Use Redevelopment Building
    Vacant Mixed-Use Redevelopment Building

    609 N Central St, Knoxville, TN 37917

    Contact for pricing

    Vacant mixed-use building with architectural plans to create residential units plus retail/restaurant space and on-site parking lots.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Knoxville, TN, we suggest to view alternatives - similar 54 Off-Market properties to explore as potential leads.

    Off-Market Properties in Knoxville, TN

    Consider similar Off-Market properties in Knoxville, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2085 Broadway St
    DRIVE-THRU RESTAURANT, FAST FOOD

    2085 Broadway St, Knoxville, TN 37917-5808

    $510,000
    Estimated value
    2,800 sqft 0.99 AC lot
    View details
    2815 Broadway St
    DRIVE-THRU RESTAURANT, FAST FOOD

    2815 Broadway St, Knoxville, TN 37917-3808

    $1,015,000
    Estimated value
    2,652 sqft 0.32 AC lot
    View details
    805 Huckleberry Spgs Rd
    RESTAURANT

    805 Huckleberry Spgs Rd, Knoxville, TN 37924-4347

    $2,535,000
    Estimated value
    7,242 sqft 2.43 AC lot
    View details
    410 Jackson Ave
    RESTAURANT

    410 Jackson Ave, Knoxville, TN 37902-1307

    Value Estimation by Request
    2,318 sqft 0.17 AC lot
    View details
    4200 Chapman Hwy
    DRIVE-THRU RESTAURANT, FAST FOOD

    4200 Chapman Hwy, Knoxville, TN 37920-4251

    $865,000
    Estimated value
    1,932 sqft 0.43 AC lot
    View details
    13100 Kingston Pike
    RESTAURANT

    13100 Kingston Pike, Knoxville, TN 37934-1007

    $495,000
    Estimated value
    2,639 sqft
    View details

    Knoxville, TN Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Knoxville, TN, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 51,880 square feet of properties for sale, with an estimated market value of $9,720,000.

    Sale prices for restaurant properties in Knoxville, TN start at $425,000, averaging $1,944,000, and reaching up to $3,000,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 19
    Drive through restaurants 11
    Commercial kitchens 5
    Bars & Pubs 4
    Coffee shops 1

    Demographics Overview

    Population 443K
    Population Growth (5Y) +8.2%
    Median Household Income $75,913
    College Educated 31.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    37921 $425K
    37924 $1.3M
    37931 $2M
    37934 $3M

    Taxes & Financing

    Tax Rate (average for all types) 2.87%
    Property Tax per SF $35.10 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 Knox County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

    Retail

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Knoxville fall within the 50,000 to 100,000 square foot range.

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    Most Searched ZIP Codes in Knoxville, TN

    • 37917
    • 37920
    • 37902
    • 37912
    • 37924
    • 37934
    • 37914
    • 37921
    • 37931

    Featured Knoxville Real Estate Agencies

    Realmo connects you with licensed Knoxville CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Realty Executives Associates
    Realty Executives Associates, 3232 Tazewell Pike Knoxville, TN 37918
    Phone: 18656883232
    www.realtyexecutivesknoxville.com
    Wallace
    140 Major Reynolds Place Knoxville, TN 37919
    Phone: 18655844000
    www.wallacetn.com
    Keller Williams 865-966-5005
    11121 Kingston Pike, Suite C Knoxville, TN 37934
    Phone: 18659665005

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