609 Campbell Station RdKnoxville, TN 37934

Property Details for 609 Campbell Station Rd

Year built

2000

Lot size

1.74 AC

Property size (Sq ft)

3,795 SF

Property type

Retail properties

Description

This exceptional investment opportunity presents a 3,795 square foot Hardee's restaurant located at 609 N Campbell Station Rd, Knoxville, TN 37934. The property sits on a 1.74-acre lot and boasts a strong 10-year absolute NNN corporate lease with a national credit tenant, guaranteeing consistent income. The property features a 5.00% cap rate and a $150,000 annual net operating income (NOI). Built in 2000, this Class B retail building enjoys 100% occupancy and is situated in a high-traffic area with excellent visibility along a major roadway, experiencing 27,000 cars per day. The location is within a dominant retail trade area serving a highly desirable demographic in the affluent Farragut community, west of Knoxville, known for its high median household income and home values. The property's zoning is commercial, and the asking price is $3,000,000, translating to $790.51 per square foot. This is a rare opportunity to acquire a stable, high-performing investment with significant long-term potential. The property's location, tenant strength, and lease terms make it an attractive addition to any institutional investment portfolio. The property is not located within city limits. The parcel number is 142 10201.

Location Insight

City

Knoxville

County

Knox

State

Tennessee

Latitude

35.8948

Longitude

-84.1745

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