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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.

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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
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