RJ's Courtyard Restaurant Property

Retail-Commercial for Sale
Catylist Listing ID: 30762927
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 10,400 SF
Gross Land Area: 1.69 Acres
Sale Price: $3,900,000
Unit Price: $375 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Building Name: RJ's
Usable Size (USF): 10,400 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/27/2022

Overview / Comments

The RJ's Courtyard Property is located on Alcoa Highway near the Alcoa Amazon Fulfillment Center Project on Airway Drive at the Pellissippi Parkway, a short drive to McGhee Tyson Airport. Perfect location for a restaurant, convenience and gasoline center, retail, and support services to the Amazon Fulfillment center opening in 2022. Alcoa Highway (US 129) is undergoing a massive road improvement project including the installation of a new traffic signal at Airway Drive.

- Turn-Key Restaurant includes all equipment, dishes, and furniture
- Great location for Hotels, Retail, Convenience stores, Automobile Sales, and more!
- Convenient to Pellissippi Parkway (I 140)
- 1.69-acre lot
- 121 parking spaces
- Just minutes from Alcoa Amazon Fulfillment Center (under construction)

Additional Details

Nearest MSA: Knoxville
County: Blount
Taxing Authority: Blount
Tax ID/APN: 00501707004
Zoning: GENERAL BUSINESS "E"
Retail Clientele: General, Family, Business, Tourist
Property Visibility: Excellent
Largest Nearby Street: US 129 (Airport Highway) and Pellissippi Parkway
Feet of Frontage: 298
Highway Access: Located at the intersection of Airway Drive and Interstate 140 (Pellissippi Parkway).
Airports: McGhee Tyson
Site Description: Fully developed restaurant property.
Area Description: The area is fast growing with development stimulated by the Relocated Alcoa Highway Project funded by TDOT, and the Alcoa Amazon Fulfillment Center Project.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1988
Roof Type: Other
Parking Type: Surface
Parking Description: Paved surface parking
Interior Description: Fully equipped restaurant
Zoning Description: General Business "E", City of Alcoa
Lot Frontage: 298
Lot Depth: 401
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,509 16,994 58,477
Median Age: 36.87 40.81 40.91
Households: 2,062 7,278 24,199

Contact

Photograph of Listing Agent

Frank Weiskopf, CCIM

Realty Executives Associates KAAR CIE Member
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