Ruby Tuesday

Prime Relocation Destination: #2 fastest growing county in TN with exponential population growth and proximity to Knoxville, offering access to major economic and social drivers.
Below Market Rent: Investors have the ability to increase rental rates if or when the tenant vacates the premises, with a bite-sized $1.3M price and attractive land basis.
Highly-Desired Corridor: Located within the most sought-after retail corridor (Hwy 321) in Lenoir City, with consistent national retailer interest and minimal vacancy rates.
Nearby Developments: Minutes from major proposed retail and multifamily projects, including over 2,000 new multifamily units and a $40M mixed-use project.
Oversized Parcel: ±1.13 acres with various redevelopment and backfill options, and an existing ±4,255 SF building.
Attractive Lease Structure: Absolute NNN lease with zero landlord responsibilities, ±13 years remaining, and 10% rental increases every 5 years.
Strong Demographics: Population growth of 22.8% since 2014, annual growth rate of 2.6%, and median household income of approximately $84,185.
High Traffic Location: ±50,700 vehicles per day on I-75, providing excellent visibility and access.
Established National Brand: Ruby Tuesday is a recognized brand with over 50 years in the casual dining industry.
Private Equity Backing: Ownership by NRD Capital provides strategic support and operational expertise.

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