Knoxville, TN 37931

Swig

Property Address

4504 Grassy Knoll Road, Knoxville, TN, USA

Offering Summary

  • Price: $2,232,500
  • Lot Size: 0.50 Acres
  • Cap Rate: 6.0%
  • Year Built: 2026
  • Building SF: 668
  • Status: Available
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  • Brand New 15-Year Absolute NNN Lease with a Multi-Unit Swig Franchisee
  • Annual Rental Increases with Multiple Renewal Options
  • Swig is a Rapidly-Growing QSR Brand with 170+ Locations Across 23 States
  • Outparcel to Food City Anchored Shopping Center, Adjacent to New Tenants: Taco Bell, Take 5 Oil Change, PureMagic Car Wash, and Wagbar Dog Park + Bar
  • New 2026 Construction with Two Drive-Thru Lanes
  • 231,129 Residents within a 5-Mile Radius in Growing Knoxville Trade Area
  • Tennessee is a Business-Friendly State - No State Income Tax
  • Highly Visible Location Near the Corner of Oak Ridge Highway and Schaad Road (±37,570 Combined Cars per Day)

Broker Information