Asia Cafe Express

For Sale

1123 Franck St, Alcoa, TN 37701

This Alcoa property for sale is located at 1123 Franck St. The current listed sale price for Asia Cafe Express is $2,694,700. Asia Cafe Express is situated on a lot that is 1.01 acre in size.

Contacts

broker
Tyson Glasser

Trinity Partners - Columbia

Property Details

  • Property Type Retail - Freestanding
  • Property Size 2,440 SF
  • Lot Size 1.01 Acre
  • Year Built 2023
  • Date Updated Jul 2, 2025
- 2023 ground up construction on a highly visible and easily accessible 1+ acre parcel - SpringBrook Farm (website) is a 363-acre master planned mixed-use project getting national attention that includes nearly 600K SF of retail/office, 500+ hotel units, 1100+ residential units, and a 17.5-acre entertainment district - Knoxville is the 3rd largest MSA in the state with over 800,000 residents and growing at a rate of 1.12% annuallyPurchase Price: $2,694,700 Purchase Cap Rate: 7.60% (Years 1-5) Average Cap Rate: 7.60% (Years 2-20) Base Rent/NOI: $175,157.00 (Years 1-5)
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Absolute NNN lease with 18+ years of remaining term, 10% rent bumps every 5 years, and a strong personal guaranty
  • Average HH income of $103,600 and median HH income of $72,500 in a 1-mile radius
  • McGhee Tyson Airport, the aviation hub of eastern TN with 2.8 million passengers annually, is on the other side of US 129 with direct access via Tesla Blvd
  • Popular and well-reviewed local restaurant with a multi-unit and creditworthy operator who has a long track record of success
  • Population of 74,500 in a 5-mile radius (19% growth since 2010) with projected growth of 4.7% over the next 5 years
  • The world renowned Great Smoky Mountains National Park is America’s most visited national park with 12.2 million visitors in 2024
  • Traffic counts of 42,700 VPD in front of the Property on US 129 and 61,350 VPD in front of the airport

Getting around

  • 20/100

    Walk Score ®

  • 39/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Alcoa, TN
  • Zip Code 37701
  • Market Knoxville

Points of Interest

  • Marathon

    1.11 miles

  • Weigle's

    1.44 miles

  • Kroger Fuel

    1.80 miles

  • 76

    2.09 miles

  • Mobil

    2.12 miles

  • Shell

    2.37 miles

  • Exxon

    2.41 miles

  • KenJo Markets

    2.71 miles

  • Chick-fil-A EV Charger

    3.68 miles

  • Economy Lot C

    1.04 miles

  • Cell Phone Lot

    1.17 miles

  • Terminal Lot B

    1.22 miles

  • Economy Lot D

    1.23 miles

  • Economy Lot E

    1.26 miles

  • Terminal Lot A

    1.30 miles

  • McGhee Tyson Airport Garage

    1.33 miles

  • Surface Lot

    1.38 miles

  • Reansant Bank Parking

    2.20 miles

  • Blue Moose Burgers & Wings

    0.10 miles

  • Puléo's Grille

    0.12 miles

  • O'Charley's

    0.19 miles

  • Hot Stone Pizza

    0.98 miles

  • Sweet Retreat Ramen

    0.99 miles

  • Chick-fil-A

    1.01 miles

  • Hatcher's On Target BBQ

    1.05 miles

  • Burger King

    1.07 miles

  • Asian Buffet

    1.11 miles

  • Subway

    1.16 miles

  • Food City

    0.51 miles

  • ALDI

    0.88 miles

  • Walmart Supercenter

    1.04 miles

  • Ian's Market

    1.05 miles

  • Aaron

    1.36 miles

  • Big Lots

    1.64 miles

  • New Midland Plaza

    1.71 miles

  • Kroger

    1.76 miles

  • McGhee Tyson Exchange and MCS

    2.14 miles

  • Target

    2.34 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Tyson Glasser

Trinity Partners - Columbia

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.