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319 Merchants Dr
Knoxville, TN 37912
NNN Burger King | Knoxville, TN · Retail Property For Sale
Investment Highlights
- ABSOLUTE NNN LEASE STRUCTURE: Absolute triple net (NNN) lease with zero landlord responsibilities, offering a truly passive “hands-off” opportunity
- ADDITIONAL BILLBOARD INCOME: Property includes an on-site billboard, operated by Link Media Outdoor (Boston Omaha - NYSC: BOC)
- PRIME KNOXVILLE LOCATION: Strategically situated off I-75 off-ramp on Merchant Drive, a dense retail corridor surrounded by strong national retailers
- LONG-TERM CORPORATE GUARANTEE: With over 10 years remaining, the lease is backed by a strong corporate guarantee
- UPCOMING REMODEL: The site is scheduled for an upcoming remodel, demonstrating the tenant’s long-term commitment and investment in the location
- TAX-FREE STATE: Tennessee is a tax-free state, and provides investors with a more “landlord friendly” atmosphere
Property Facts
Property Type
Retail
Property Subtype
Building Size
3,440 SF
Building Class
B
Year Built
1986
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.16 AC
Zoning
C - Commercial
Parking
45 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Freeway Visibility
- Pylon Sign
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 068KC-004 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $660,760 |
Property Taxes
Parcel Number
068KC-004
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$660,760
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