2803 W Andrew Johnson Hwy | Morristown, TN 37814
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2803 W Andrew Johnson Hwy
Morristown, TN 37814
7 Brew · Retail Property For Sale
Investment Highlights
- 20-year absolute NNN lease rapidly growing coffee chain
- Rare annual rental increases throughout the initial term and options periods
- High-quality 2023 construction built to the latest 7 Brew prototype, featuring a dedicated drive-thru for added customer convenience
- Guaranteed by Southern Brew Corp, a 330+ unit QSR operator which has signed an exclusive development agreement with 7 Brew to develop 79 locations
- No landlord management, making this an ideal opportunity for an out-of-area investor
- High-visibility and easily accessible location along Morristown’s primary retail corridor (41,192 AADT), allowing the site to capture tourist traffic
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
510 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.66 AC
Zoning
IB
Parking
11 Spaces (21.57 Spaces per 1,000 SF Leased)
Frontage
162 FT on West Andrew Johnson Highw
PROPERTY TAXES
| Parcel Number | 041H-B-011.02 | Improvements Assessment | $72,080 |
| Land Assessment | $99,000 | Total Assessment | $171,080 |
PROPERTY TAXES
Parcel Number
041H-B-011.02
Land Assessment
$99,000
Improvements Assessment
$72,080
Total Assessment
$171,080
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