NNN Advance Financial w/ Additional Billboard Income… — Sale in Knoxville, TN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Knoxville, TN 37920

Photos

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Investment Figures

Cap rate
8.28%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

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. Investment Highlights: • FUTURE VALUE-ADD OPPORTUNITY: Tenant has recently vacated the site, but is still paying rent through the current term, presenting investors with potential upside through releasing or redevelopment • ADDITIONAL INCOME STREAM: On-site billboard provides supplemental income, increasing overall return potential for investors • DRIVE-THRU AND STRONG SITE FUNCTIONALITY: Property features a drive thru and multiple points of ingress and egress, enhancing accessibility and supporting a wide range of future tenant uses • STRATEGIC HIGH TRAFFIC LOCATION: Positioned along Chapman Highway with traffic counts exceeding 35,000 vehicles per day, benefiting from strong visibility and consistent consumer traffic in a primary retail corridor • DENSE AND GROWING KNOXVILLE MARKET: Located in Knoxville, a major regional hub with a population exceeding 190,000 and over 850,000 in the greater metro area, supported by steady population growth, a diverse economic base, and strong retail demand • TENNESSEE TAX ADVANTAGES: Tennessee offers no state income tax, enhancing investor returns and making it an attractive market for passive real estate ownership

Market Context

This retail in Knoxville, TN is listed for sale. It is offered at an approximate 8.3% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Knoxville, TN — view the full market.

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