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1020 Oak Ridge Tpke
Oak Ridge, TN 37830
KFC | 20Yr Abs NNN | DriveThru · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Brand New 20-Year Sale Leaseback | Personal Guaranty | Rental Increases
  • Signalized Hard Corner Intersection | Drive-Thru Equipped | Large Pylon Sign
  • Dense Population in 5-Mile Trade Area
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Dense Retail Corridor | Nearby National/Credit Tenants

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Property Size
2,658 sq ft
Costar Property Class
B
Year Built
1985
Tenancy
Single
Number of Floors
1
Plot ratio
0.09
Total Plot Size
0.70 ac
Use Class
Commercial - Commercial
Parking
25 Spaces (9.41 Spaces per 1,000 sq ft Leased)
Frontage
62 ft on Oak Ridge Tpke

AMENITIES

  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Signage
  • Drive Thru

ABOUT 1020 OAK RIDGE TPKE , OAK RIDGE, TN 37830

KFC is strategically located near the signalized, hard corner intersection of Highway 95 and Lafayette Dr., averaging 47,900 combined vehicles passing by each day. The site is equipped with a pylon sign, providing excellent visibility along Highway 95. Moreover, this KFC is complete with a drive-thru, providing ease and convenience for consumers. On average, stores with drive-thrus experience higher sales than those without. The asset is positioned within an extremely dense retail corridor in the city of Oak Ridge, with nearby national/credit tenants including a 24-Hour Walmart Supercenter, The Home Depot, Kroger Marketplace, Food City, and more, increasing consumer draw to the trade area and promoting crossover shopping to the site. The 5-mile trade area serves more than 35,000 full-time residents with an average annual household income of $74,000.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
100A-B-023.00
Land Assessment
£125,800
Improvements Assessment
£160,478
Total Assessment
£286,279
  • Listing ID: 15017358

  • Date on Market: 29/01/2019

  • Last Updated:

  • Address: 1020 Oak Ridge Tpke, Oak Ridge, TN 37830

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