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NNN Advance Financial | Knoxville TN 4531 Chapman Hwy 2,542 SF Retail Building Knoxville, TN 37920 $1,998,750 ($786.29/SF) 8.28% Cap Rate
Investment Highlights
- FUTURE VALUE-ADD OPPORTUNITY: Tenant is expected to vacate at the end of the current term, potential upside through releasing or redevelopment
- ADDITIONAL INCOME STREAM: On-site billboard provides supplemental income, increasing overall return potential for investors
- STRATEGIC HIGH TRAFFIC LOCATION: Positioned along Chapman Highway with traffic counts exceeding 35,000 vehicles per day
- ABSOLUTE NNN LEASE: Zero landlord responsibilities, offering cash flow for the remainder of the term, will continue to operate and pay rent until exp.
- DRIVE-THRU & SITE FUNCTIONALITY: Features a drive thru and multiple points of ingress and egress supporting a wide range of future tenant uses
- DENSE AND GROWING KNOXVILLE MARKET: Located in Knoxville, supported by steady population growth, a diverse economic base, and strong retail demand
Executive Summary
This offering provides stable, passive income through an absolute NNN lease with zero landlord responsibilities, while also presenting a clear future value-add opportunity as the tenant is expected to vacate at the end of the base term, allowing for releasing or redevelopment. An on-site billboard further enhances returns with an additional income stream.
The property features strong fundamentals, including a drive-thru, multiple access points, and a high-visibility location along Chapman Highway with over 35,000 vehicles per day. Positioned within the growing Knoxville market and benefiting from Tennessee’s no state income tax, the asset offers both near-term cash flow and long-term upside potential.
The property features strong fundamentals, including a drive-thru, multiple access points, and a high-visibility location along Chapman Highway with over 35,000 vehicles per day. Positioned within the growing Knoxville market and benefiting from Tennessee’s no state income tax, the asset offers both near-term cash flow and long-term upside potential.
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
2,542 SF
Building Class
B
Year Built
2016
Price
$1,998,750
Price Per SF
$786.29
Cap Rate
8.28%
NOI
$165,400
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.77 AC
Opportunity Zone
Yes
Parking
11 Spaces (4.33 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Finance and Insurance
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Advance Financial was founded in 1996 as a family-owned consumer finance business in Tennessee, starting as a small retail chain before expanding its lending and payment services. The company provides online lines of credit and installment loans, along with in-store services such as check cashing, money orders, bill pay, ATM access, Western Union wire transfers, and prepaid debit cards. Advance Financial serves customers through a broad Tennessee retail network and online lending products available in multiple states, combining storefront financial services with digital borrowing options.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Finance and Insurance | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 123BA-01201 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $352,240 |
Property Taxes
Parcel Number
123BA-01201
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$352,240
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