2456 E Magnolia Ave
Knoxville, TN 37917

The subject investment property is positioned on East Magnolia Avenue in Knoxville, Tennessee. East Magnolia Avenue has experiences nearly 18,000 vehicles per day, respectively. Additionally, Magnolia Avenue intersects with North Cherry Street, which serves as an access road to Interstate-40 and brings an additionally 91,500 vehicles into the immediate surrounding area. There are more than 29,278 individuals within a three-mile radius of the subject property and more than 73,050 individuals within a five-mile radius. This Burger King is also positioned in a very wealthy suburban area, with an average income of$133,612 within a three-mile radius. The subject property benefits from being well-positioned in a dense retail corridor benefitting from its close proximity to several national and local tenants. Major national tenants include: O’Reilly Auto Parts, AutoZone, Advanced Auto Parts, Family Dollar, Dollar Tree, several quick service restaurants and numerous hospitality accommodations. This Burger King is also conveniently located within a five-mile radius of Blue Grass Elementary School, AL Lotts Elementary School and West Valley Middle School, which boast a combined enrollment exceeding 2,700 students. Additionally, the subject property is located within 20 miles of downtown Knoxville, the University of Tennessee, and the University of Tennessee’s Neyland Stadium. The University of Tennessee boasts a total enrollment exceeding 28,050 students while the Neyland Stadium maintains a total capacity of 102,455 people. Knoxville is situated in eastern Tennessee and is the county seat of Knox County. The city had an estimated population of 186,239 in 2016, making it the third largest city in Tennessee after Nashville and Memphis. Knoxville is the home of the flagship campus of the University of Tennessee, a public university that boasts a total enrollment exceeding 28,052 students. It is also home to the headquarters of the Tennessee Valley Authority, the Tennessee Supreme Court’s courthouse for East Tennessee and the corporate headquarters of several national and regional companies. As one of the largest cities in the Appalachian region, Knoxville has positioned itself in recent years as a repository of Appalachian culture and is one of the gateways to the Great Smoky Mountains National Park. The downtown area of Knoxville enables people to explore and discover vibrant murals, local music, historic sites, art museums, parks, greenways and more. The city is conveniently located just off Interstate 40 and Interstate 75, just minutes from Interstate 81.