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ATTRACTIVE LEASE HIGHLIGHTS " NNN Lease - Zero Landlord Responsibilities " Four (4) Five (5) year options to renew " 1.50% annual rental increases - strong hedge against inflation " 100% leased to one of Wendy' s largest franchisees " The Wendy' s Company has more than 6,500 restaurants in more than 27 countries, totaling $2.5 billion in revenue SEASONED WENDY' S FRANCHISEE " Tenant currently operates 35 units in Tennessee and surrounding areas " Guarantor, Pennant Foods Corp., is one of the largest franchisees of Wendy' s and operates 94 Wendy' s restaurants in Southern California, as well as, Eastern Tennessee markets GOOD MIX OF SURROUNDING NATIONAL TENANTS " National retail tenants within the immediate area include: Kroger, Kmart, Goodwill, Office Depot, Walgreens, Save-A-Lot, CVS, McDonald' s, and Sonic
2,296 SFPrice Upon Req.
17 Convenience Stores with Gas Sold without fuel supply. Sold without convenience store and fuel brands. SEALED BID DEADLINE: OCTOBER 21, 2014
Brand New 15-Year Lease Absolute NNN Investment Deal First Rent Increase: Feb 2020 at 10% Optimal Demographics for Target Customer
Property is located in the Bearden District and a Heavily traveled area. 6600 sf total two story block building.
Freestanding building on 2 acres in Knoxville Center Mall, formerly occupied bu Just for Feet. Footprint is 15,790 SF; Mezzanine (concrete deck) of approximately 4,500 SF is not included in overall building square footage. Building was constructed in 1997. Lighting is metal halide in the sales area. Clear height to bottom of lighting is 18ft, 9'6" under mezzanine. Original roof membrane on metal deck with interior drain system. Loading dock (dock well) with 8'x8' overhead door. 800amp/600V main with subpanels of 120/208V 400amp and 277/480V 800amp. Wet sprinkler system. Uses must be approved by Simon Properties.
5,787 sf bank owned office building on 0.40 acres. 100' of frontage on Magnolia Avenue with traffic count of 11,278 (2011). The property is zoned C-3. The building could be used for office or retail business or raze the building and redevelop the site. The two parcels to the west of this building are also on the market and could be assembled for a larger redevelopment site. Make an offer!
SALE PRICE NEGOTIABLE Montvue Plaza is a 41,256 SF shopping center adjacent to Tennessee's largest enclosed mall, West Town Mall. West Town Mall is a 1,336,000 GLA super regional mall managed by Simon. Nearby national retailers: Belk, Dillards, Target, JC Penney, Whole Foods, REI, Trader Joes, Kohl's, The Cheesecake Factory, Regal Cinemas, The Apple Store and Williams and Sonoma. 7808 Montvue Center Way is 65' wide and 100' deep and has 12' ceilings. There is a 1,300 sf mezzanine in the rear that is not included in the square footage. Space Details: 400 amp, 3 phase electrical service, EPDM Roof (2003), interior roof access. Pylon sign space on Montvue. Flagpole on roof of the building over front entrance. Suspending ceiling in sales area at 12'. Clear height to structure is 15'6", Mezzanine is 20' x 65'.
This Knoxville, TN Advanced Auto Parts is one of two Advanced Auto Parts stores being sold, the other store is located in Shelbyville TN. The Shelbyville store can be purchased individually. Combined list price for both stores is $1,950,000. 7.8 % Cap rate is based on rents at both stores.
NOW AVAILABLE! Great location in the heart of Bearden, just one block off of Kingston Pike. Two parcels: a 6,326sft commercial/retail building and a .33ac parking lot. Very nice finishes. New Trane HVAC units. 1500 gallon grease trap. Fire suppression. New roof installed in 2011. Lots of upgrades.
Turn-Key Business Opportunity Drive Through Convenience Store with Kitchen. Located on the Corner of Governor John Sevier Highway and Circle Oak Drive in Knoxville, TN. This 2,500 SF Drive Through operation includes the business and the real estate. FF&E includes Coolers, Kitchen Equipment, Office area. Metal Building constructed in 2005 in operation over (9) years.