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Virtual Drive-By

Big O Tires NNN

121 North River Boulevard · Sevierville, TN 37876 · Specialty Retail

Asking price
$3,000,000
Cap rate
6.00%
NOI
$180,000

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We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.

Lease

Lease typeNNN
Term remaining8.6 yrs
Expiration02/2035
Rent bumps7.5% in Options
Options6, 5-Year
Ground leaseNo
Credit profileFranchisee
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF6,960
Price / SF$431
Year built2023
Lot size0.92 ac
TypeAuto Shop
Days on market13

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

Long-Term NNN Lease

Big O Tires | National Automotive Service Brand

Experienced Multi-Unit Franchise Operator

Property overview

Marcus & Millichap is pleased to present the opportunity to acquire a Big O Tires located in Sevierville, TN (Knoxville MSA).​

Big O Tires operates 450+ locations across 25 states and is one of North America's leading automotive service brands.​

The property is strategically positioned along N River Blvd, just off Winfield Dunn Parkway (50,000+ VPD) within Sevierville's dominant retail corridor, surrounded by major national retailers and serving both local residents and the millions of annual visitors to the Great Smoky Mountains region.​

The asset features a purpose-built 2023 construction designed specifically for long-term automotive service use.​

Take the next step on this property

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Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.