Miscellaneous
NNN Advance Financial w/ Additional Billboard Income | Future Upside Potential | Knoxville, TN
4531 Chapman Hwy, Knoxville, TN 37920
Listing Price: $1,998,750
Investment Overview
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.
NNN Advance Financial w/ Additional Billboard Income | Future Upside Potential | Knoxville, TN
Investment Highlights
- FUTURE VALUE-ADD OPPORTUNITY: Tenant is expected to vacate at the end of the current base term, presenting investors with potential upside through releasing or redevelopment
- ABSOLUTE NNN LEASE: Passive income with zero landlord responsibilities, offering cash flow for the remainder of the term, the tenant will continue to operate and pay rent through lease expiration
- 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
Exclusively Listed By
Broker of Record
-
Jody McKibben
Senior Managing Director, Market Leader - Mid-South
Financing By
Miscellaneous
NNN Advance Financial w/ Additional Billboard Income | Future Upside Potential | Knoxville, TN
Listing Price: $1,998,750
Investment Highlights
- FUTURE VALUE-ADD OPPORTUNITY: Tenant is expected to vacate at the end of the current base term, presenting investors with potential upside through releasing or redevelopment
- ABSOLUTE NNN LEASE: Passive income with zero landlord responsibilities, offering cash flow for the remainder of the term, the tenant will continue to operate and pay rent through lease expiration
- 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
Investment Overview
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.
Exclusively Listed By
Broker of Record
-
Jody McKibben
Senior Managing Director, Market Leader - Mid-South
Financing By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
