Property History
Excellent restaurant opportunity that will soon be able to capitalize on the new Amazon fulfillment center across the street that partially opened in September with plans to hire over 1,500 employees and an additional 1,000 for the holidays. This area is great for lunchtime and dinnertime activity. The former Don Chuy's freestanding restaurant boasts a full drive-thru, 3,094 sf of kitchen and eating area, NEW ROOF, landscaped surroundings, enclosed dumpster corral and ample parking for a booming restaurant. The restaurant has updated tile work, counters, full restaurant equipment and modern lighting.
Across from the new Amazon Distribution site at the former East Towne Mall. This Knoxville Center Mall outparcel building (formerly a Don Chuy's restaurant) is in a busy retail area serving the Knoxville metro. Easily accessible from Millertown Pike and North Mall Road, right off I-640, the area boasts daily traffic counts of 79,741 on I-640 and 18,428 on Millertown Pike.
Introducing "East Towne" - an incredible opportunity in the rapidly growing area of Knoxville, TN! Located at 2908 Knoxville Center Dr, this versatile property offers endless potential for retail, office, or industrial use. Spanning 7,928 square feet, this free-standing building provides ample space for your business. Situated in a prime location on the Upper East Side, "East Towne" benefits from its proximity to downtown Knoxville and the recently established Amazon fulfillment center. This area is experiencing remarkable growth, with Knoxville being named one of the "Top 10 Fastest Growing Cities in the U.S." In 2021 alone, over 30 companies invested over $1.368 billion and created 4,200+ jobs in the Greater Knoxville Area. The property's exceptional location offers easy access to I-640, making it convenient for customers and employees alike. With a population of 12.7k and a median household income of $61.9k, this demographic profile presents a promising market for businesses. Don't miss out on this investment opportunity! "East Towne" at 2908 Knoxville Center Dr is ready for you to transform it into your retail, office, or industrial dream. Contact us today to schedule a viewing and secure this prime location for your business!
Single-Tenant Investment Opportunity:
Fee Simple; Absolute NNN Lease with Zero Landlord Responsibilities
10-Year Lease
Seasoned Fresh Mex Operator with multiple locations
Attractive 10% increases every 5 Years
Franchisee & $2.6M Personal Guarantee
Tenant Recently Completed Major Interior and Exterior Renovations showing Commitment to this location
Restaurant utilizes Liquor License in additional to beer & wine sales
Location Highlights:
Outparcel to Amazon’s New 635,000 square foot Fulfillment Center
$30M-$40M Development Commitment by Amazon; Will be an Electric Vehicle Delivery Hub for Amazon
Income Tax Free State of Tennessee
New Construction Aldi’s, Zaxby’s, and Arby’s within close proximity
Nearby National Retailers include Walmart Super Center, Sam’s Club, Lowe’s, Home Depot, Target, and Kohl’s
Opportunity to own drive-thru along a highly trafficked and visible retail corridor
Contact Chandler J. Dignam or Patrick Flynn for information
- Fee Simple; Absolute NNN Lease with Zero Landlord Responsibilities
- 10-Year Lease with 9.75 Years Remaining on Primary Term
- Seasoned Fresh Mex Operator with multiple locations
- Attractive 10% increases every 5 Years
- Franchisee & $2.6M Personal Guarantee
- Tenant Recently Completed Major Interior and Exterior Renovations showing Commitment to this location
- Restaurant utilizes Liquor License in additional to beer & wine sales
Location Highlights:
- Outparcel to Amazon’s New 635,000 square foot Fulfillment Center
- $30M-$40M Development Commitment by Amazon; Will be an Electric Vehicle Delivery Hub for Amazon
- Income Tax Free State of Tennessee
- New Construction Aldi’s, Zaxby’s, and Arby’s within close proximity
- Nearby National Retailers include Walmart Super Center, Sam’s Club, Lowe’s, Home Depot, Target, and Kohl’s
- Opportunity to own drive-thru along a highly trafficked and visible retail corridor
Contact Chandler J. Dignam or Patrick Flynn for information
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