Asia Café Xpress

1123 Franck Street, Alcoa, TN 37701

$2,694,700

Cap Rate 6.50%

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DOM: 21 Updated: 08.18.25 Posted: 08.13.25 Status: Active 08.13.25

Summary

Price $2,694,700	Built/Renov 2023	Tenant Asia Café Xpress
Cap Rate 6.50%	Lease Type Abs NNN	Guarantor Corporate
Size/SF 2,440	Lease Start 11-24-2023	#Units 5
Price/SF $1,104.39	Expiration 11-30-2043	Tenant Type Fast Casual/Rest.
NOI $175,157	R. Term 18.3	Ownership Fee Simple
Rent/SF $71.79	Increases 10.0%/6/yrs	Pop 5Mi 74,581
Lot/AC 1.01	Options 4/5yrs/10%	AHHI 5Mi $94,323

Tyson Glasser

Trinity Partners

Contact

Highlights

Asia Café Xpress began its lease in 2023 with a 10-year initial term and two 5-year renewal options
The lease features 2% annual rent increases, including during option periods
Absolute NNN Lease | Zero Landlord Responsibilities
Personally guaranteed by the operator

Location Description

Asia Café Xpress is strategically located along East Hunt Road near the intersection with Louisville Road, with a combined traffic count of over 31,000 vehicles per day. The property sits in a growing commercial corridor anchored by McGhee Tyson Airport and is surrounded by national and regional retailers including Walmart Supercenter, Lowe’s, Kroger, Starbucks, Chick-fil-A, and Panera...

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Key Features

New construction
Signalized intersection
Near major nationals
Highway location
Major MSA
Population increase trend
Brand new lease
Long 10+ yr lease
Accelerated depreciation
Personal guarantee

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Links

Asia Café Xpress Wikipedia Alcoa, TN Zip Code 37701 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Asia Cafe Xpress
Guarantor:Corporate
Company:Lim Dynasty Asia Cafe
# Units:5

About Tenant

Asia Cafe Xpress, also known as Lim Dynasty Asia Cafe, offers a vibrant full-service dining experience that seamlessly blends exceptional cuisine with lively entertainment. Guests can enjoy the...

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Listing Broker

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