113 Cedar Ln Knoxville, TN 37912

This 7,540-square-foot restaurant building, situated on a 1.4-acre lot in Knoxville, Tennessee, presents a unique investment opportunity. Previously operating as an O'Charley's, the property includes remaining fixtures, furniture, and equipment. The asking price is $1,600,000, or $12,000 per month on a triple-net lease. The property is zoned C-H-1 and benefits from high traffic counts: 99,227 vehicles daily on I-75 and 16,811 on Merchants Drive. The location boasts strong demographics, with a 3-mile radius population of 58,302 and an average household income of $61,315. Expanding to a 5-mile radius, the population increases to 160,954 with an average household income of $65,754, and further to 258,794 and $75,392 within a 7-mile radius. Nearby retail establishments include Applebee's, Starbucks, Ingles Market, Cracker Barrel, Wendy's, Taco Bell, and McDonald's, indicating a thriving commercial area. This property is ideal for a quick-service restaurant, full-service restaurant, or storefront operation. The address is 113 Cedar Lane, Knoxville, TN 37912.