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- LoopNet Team
2456 E Magnolia Ave
Knoxville, TN 37917
KFC | 20yr Abs NNN | DriveThru · Retail Property For Sale
Investment Highlights
- Brand New 20-Year Sale Leaseback | Personal & Franchisee Guaranty | Rental Increases
- Signalized, Hard Corner Intersection | Interstate 40 (91,500 Vpd) | Large Pylon Sign | Drive-Thru Equipped
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Primary Retail Corridor | Strong University Student Customer Base
PROPERTY FACTS
- Fast Food
- General Retail Freestanding
- General Retail Restaurant
- 124 FT on Chestnut St
- 65 FT on Magnolia Ave
Amenities
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signalized Intersection
- Drive Thru
About 2456 E Magnolia Ave , Knoxville, TN 37917
Kentucky Fried Chicken is strategically located at the signalized, hard corner intersection of North Chestnut Street and East Magnolia Avenue, averaging 22,800 combined vehicles passing by daily. The property is located less than 1 mile south of Interstate 40 (91,500 VPD), a major east/west thoroughfare for the state of Tennessee. The asset has excellent visibility due to its large pylon sign. The building is equipped with a drive-thru lane, providing ease and convenience for consumers. On average, stores with drive-thrus experience higher sales than those without. Kentucky Fried Chicken is ideally positioned in a primary retail corridor, with nearby national/credit tenants including Advance Auto Parts, Dollar Tree, Family Dollar, Fresenius Kidney Care, DaVita Dialysis, and more, promoting crossover traffic. Additionally, the site is within close to proximity to the University of Tennessee (28,321 students enrolled) and Pellissippi State (11,571 students enrolled), providing a strong customer base to draw from. The 5-mile trade area is supported by a population of more than 27,000 residents with an average household income of $52,970.
Links
PROPERTY TAXES
Parcel Number | 082JM-010 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $292,360 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
Listing ID: 16254143
Date on Market: 6/5/2019
Last Updated:
Address: 2456 E Magnolia Ave, Knoxville, TN 37917
The Retail Property at 2456 E Magnolia Ave, Knoxville, TN 37917 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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