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319 Merchant Dr, Knoxville, TN 37912

$349+/SF

Commercial property for sale

Added: 01/06/2012
Last Update: 07/19/2012
319 Merchant Dr Knoxville, TN 37912 US
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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 

Map Locations