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3813 N. Broadway avenue
knoxville, TN 37917
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just sold!

SALE PRICE: $2,810,000

The Hirth Group is pleased to announce the sale of 3813 N. Broadway Ave, Knoxville TN 37917 – a single tenant NNN Investment opportunity.  The subject property was a Bojangles Chicken n Biscuits that is comprised of approximately 3,821 SF of building on an approximate 51,836 SF lot.

Daniel and Elijah represented the buyer in this transaction and were able to find the perfect deal for their client who was in a 1031 exchange.  After meticulously looking at dozens of deals for their client’s niche buying criteria, they were able to pinpoint the perfect property.  The buyer was looking for a single tenant NNN investment in an up-and-coming area, with strong demographics, a high return, and that had future protection if the tenant ever were to leave.  Within less than a week of searching for the perfect 1031 exchange property, this Bojangles was under contract and the buyer could not be happier.

THE TEAM

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Daniel Hirth

Managing Director

310.300.2838 Direct

Daniel@HirthGroup.com

License CA: 01515796

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Elijah Suval

Senior Investment Associate

310-300-3180 Direct

Elijah@HirthGroup.com

License CA: 02024364

The sale

15 Years Left on Original Lease Term
Strong Franchise Guaranty | 50 Locations Owned and Operated
High 6.50% Cap Rate with 7% Increases Every 5 Years
Located in Knoxville, Tennessee | 155,000+ People Within 5-Mile Radius
±3,821 SF of Building on ±51,836 SF of Land