319 Merchant Dr, Knoxville, TN 37912
Commercial property for sale
Contact info
- 865-588-1000 [Office]
Description
First Commercial Real Estate is pleased to present the freestanding Burger King located at 319 Merchant Drive in Knoxville, TN. Situated at the I-75/Merhant Dr.interchange with a daily traffic count of 86,826 (I-75), Burger King is in an area with multiple restaurants and hotels including O'Charley's, Starbucks, El Chico's, Wok Hay, Hooter's and Red Lobster. Burger King occupies a 3440 square foot building on 1.2 acres and operates under a third 5 year renewal, absolute NNN lease with no landlord responsibilities. The same franchisee has owned/operated the business since the lease commencement in 1986. There are three additional five year renewal options remaining.Billboard on property does not convey. Building price details: $1,200,000.
Property Details
- Type: Retail
- Use Types:Restaurant
- Status: Available
- Year Built: 1986
- MSA: Knoxville
- Zoning: C-3
- Buildings: 1
- ConstructionBrick
Exterior Features
- Parking: Yes
- Parking Spaces: 66
- Parking Type: Surface
Terms
- Cash to Seller