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7228 Maynardville Pike 2,357 SF Retail Building Knoxville, TN 37918 $1,150,000 ($487.91/SF) 8.52% Cap Rate
Executive Summary
Situated on a prominent corner lot along Maynardville Pike, this 2,357 SF KFC restaurant occupies a full 1.00-acre parcel and benefits from 67 feet of frontage and a dedicated turn lane, enhancing ease of access and drive-thru flow. Operating under a 20-year absolute NNN lease, an 8% rent
increase every five years (next increase July 2026), with four (4) 5-year renewal options available.
Located in a dense North Knoxville retail trade area, the asset sees nearly 39,000 vehicles per day and is positioned near major national retailers such as Walmart, Food City, and CVS. As a critical connector between the I-640/I-75 corridor and the growing residential neighborhoods in Union County, this location offers exceptional long-term investment fundamentals and steady foot traffic
increase every five years (next increase July 2026), with four (4) 5-year renewal options available.
Located in a dense North Knoxville retail trade area, the asset sees nearly 39,000 vehicles per day and is positioned near major national retailers such as Walmart, Food City, and CVS. As a critical connector between the I-640/I-75 corridor and the growing residential neighborhoods in Union County, this location offers exceptional long-term investment fundamentals and steady foot traffic
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,357 SF
Building Class
C
Year Built
1974
Price
$1,150,000
Price Per SF
$487.91
Cap Rate
8.52%
NOI
$98,007
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.00 AC
Zoning
Commercial - Commercial
Parking
15 Spaces (6.36 Spaces per 1,000 SF Leased)
Frontage
67’ on Maynardville Pike
Amenities
- Corner Lot
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 038-13703 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $716,000 |
Property Taxes
Parcel Number
038-13703
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$716,000
Contacts
-
Mallisa Jackson -
Dana Berggren -
Dustin Bates -
David Steinberg -
Kimberly Phillips -
MJPCRE Group
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7228 Maynardville Pike
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