Asia Cafe Express

1123 Franck St, Alcoa, TN 37701

  • For Sale $2,694,700
  • 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)
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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

Contacts

broker
Tyson Glasser

Trinity Partners - Columbia

Location

Getting Around

  • Walk Score ®

    20/100 Car-Dependent

  • Bike Score ®

    39/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

Frequently Asked Questions

How much does Asia Cafe Express cost?

The space currently listed for sale at Asia Cafe Express asks for $2,694,700.

What is the total square footage of Asia Cafe Express?

Asia Cafe Express totals 2,440 square feet.

When was this property built?

Asia Cafe Express was built in 2023.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Tyson Glasser

Trinity Partners - Columbia

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