874 US-321 | Lenoir City, TN 37771
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- LoopNet Team
874 US-321
Lenoir City, TN 37771
Wendy’s 20 Year NNN Lease Knoxville MSA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 2022 Construction Wendy’s Restaurant with Drive Thru
- Located Less than 30 Minutes from Downtown Knoxville, Tennessee
- Located in front of a Food City Supermarket and Across the Street from a Walmart Supercenter and a Home Depot
- 20 Year Absolute NNN Lease | 7.5% Rent Increases Every 5 Years
- Average Household Income Exceeds $97,000 in a Five Mile Radius
- Traffic Counts Exceeding 29,000 Vehicles Per Day
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,500 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.69 AC
Zoning
C3 - Commercial
Parking
22 Spaces (8.8 Spaces per 1,000 SF Leased)
AMENITIES
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $605,280 | |
| Land Assessment | $633,440 | Total Assessment | $1,238,720 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$633,440
Improvements Assessment
$605,280
Total Assessment
$1,238,720
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