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305 Merchant Dr
Knoxville, TN 37912
Red Lobster · Retail Property For Sale
Investment Highlights
- Long-Term 25-Year Absolute Triple Net (NNN) Lease, Zero Landlord Obligations
- Four (4), Five (5)-Year Tenant Renewal Options
- +/- 19 Years Of Lease Term Remaining With 2.00% Annual Bumps
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,930 SF
Building Class
C
Year Built
1978
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
2.18 AC
Zoning
C
Parking
45 Spaces (2.84 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 068KC-00201 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $825,285 |
Property Taxes
Parcel Number
068KC-00201
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$825,285
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