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4834 N Broadway St
Knoxville, TN 37918

Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
4,582 SF
Building Class
B
Year Built/Renovated
1997/2017
Tenancy
Single
Number of Floors
1
Building FAR
0.15
Lot Size
0.70 AC
Parking
24 Spaces (5.24 Spaces per 1,000 SF Leased)
Frontage
44 ft on Broadway St

Amenities

  • Pylon Sign
  • Restaurant

About 4834 N Broadway St , Knoxville, TN 37918

NNN – STNL – Retail – Denny's – Restaurant - Commercial Real Estate – For Sale – Knoxville – TN Denny’s new, 20-year, modified NNN lease features four, five-year renewal options and seven percent rental increases every five years in both base term and option periods, beginning in year 11. The lease is guaranteed by RJC, LLC, a successful 34-unit Denny’s operator and the 6th largest Denny’s franchisee in the U.S. Consumers can easily access Denny’s from three access points - one along North Broadway Street (44,000 VPD) & U.S. Highway 441, a major thoroughfare traveling through Knoxville, and two along Sanders Drive (14,000 VPD). Also, direct on-off ramp access to Interstate 640 (75,000 VPD). The area boasts excellent demographics, over 143,000 residents and 96,000 employees support the trade area, with an average household income of $51,000 within a five-mile radius of the property. The subject property is located across the street from a grocery anchored shopping center, increasing consumer traffic and crossover shopping, and within the Harvest Towne Shopping Center with street front signage. Other surrounding retailers include Kroger, Office Depot, Dollar General, Party City, CVS, Walgreens, Panera Bread, Taco Bell, Chick-fil-A and many more. Denny’s is within close proximity to the University of Tennessee and downtown Knoxville. Denny’s is America’s diner headquartered in Spartanburg, SC, Denny’s is always open, always welcoming and always serving up hearty diner food along with a mug of fresh hot coffee. Denny’s has over 1,600+ locations with the NASDAQ stock symbol of DENN and revenue of approximately 506 Million in 2016. Most Denny’s restaurants are now franchisee-owned.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
058MA-012
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£632,485
  • Listing ID: 12670338

  • Date on Market: 25/05/2018

  • Last Updated:

  • Address: 4834 N Broadway St, Knoxville, TN 37918

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