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Wendys Brand New 2021
Marcus & Millichap is pleased to present for sale this brand new construction Wendy's Restaurant with Drive Thru located at 410 S. Charles G. Seivers Boulevard in Clinton, Tennessee. Clinton, Tennessee is a short 25 minute drive from downtown Knoxville and benefits from being part of the Knoxville Metropolitan Area with a population over 1,045,111 and the third largest metropolitan area in Tennessee. This Wendy's property is currently under construction and has an estimated opening date of mid to late October 2021. This Wendy's Restaurant is located nearby many colleges and universities. The property is 14 minutes from Goff Health Sciences and Technology College with 6,214 students; 17 minutes from Crown College with 1,522 students and 20 minutes from Pellissippi State Community College with over 10,894 students. Many apartment complexes surround this property including Willow Run, a brand-new apartment complex only three minutes from this Wendy's. Also three minutes away is Charles Seivers Towers with five stories and 149 apartment units. Other apartment complexes in close proximity include Calloway Apartments, Gate manor Apartments and Village at Carriage Hills Apartments. Hospitals in the vicinity of this property include Near edt hospital, Methodist Medical Center and North Knoxville Medical Center all less than 20 minutes from this property. Clinton High School with 1,112 students as well as Clinton Middle School with 560 Students are also minutes from this Wendy's. Wendy's is an international fast-food restaurant chain founded by Dave Thomas on November 15, 1969 in Columbus, Ohio. As of January 2019, there were a total of 6,828 locations, including 361 that are company owned. 6,467 restaurants are franchised and 77 percent of them are located in North America. (In 2016, Wendy's was the worlds third largest hamburger fast-food chain following Burger Kings 12,000 plus locations and McDonalds 31,000 locations.
Month | Payment | Principal | Interest | Total Interest | Balance |
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$0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
Total Population | 3,548 | 15,689 | 27,063 | |
Population Median Age | 43 | 42 | 43 | |
Population by Age | 0-9 Yrs | 492 (13%) | 1889 (12%) | 2940 (10%) |
10-19 Yrs | 375 (10%) | 1767 (11%) | 3154 (11%) | |
20-29 Yrs | 265 (7%) | 1575 (10%) | 2787 (10%) | |
30-39 Yrs | 465 (13%) | 1869 (11%) | 3053 (11%) | |
40-49 Yrs | 444 (12%) | 1832 (11%) | 3336 (12%) | |
50-59 Yrs | 426 (12%) | 2193 (13%) | 4192 (15%) | |
60-69 Yrs | 454 (12%) | 2303 (14%) | 3798 (14%) | |
70+ Yrs | 628 (17%) | 2262 (14%) | 3802 (14%) | |
Median HH Income | $38,898 | $48,070 | $52,602 | |
Total Household Income | < 24K | 597 (36%) | 1686 (26%) | 2443 (22%) |
25-49K | 388 (23%) | 1667 (25%) | 2697 (24%) | |
50-74K | 272 (16%) | 1292 (19%) | 2057 (19%) | |
75-99K | 147 (9%) | 765 (11%) | 1531 (14%) | |
100-199K | 177 (10%) | 880 (13%) | 1722 (15%) | |
200K+ | 47 (2%) | 180 (2%) | 352 (3%) | |
Highest Education Level | No Diploma | 344 | 1700 | 2656 |
Diploma or GED | 920 | 3857 | 6908 | |
Some College | 573 | 2732 | 4582 | |
Assoc. Degree | 214 | 869 | 1613 | |
Bachelors Degree | 274 | 1188 | 2117 | |
Higher Degree | 222 | 882 | 1593 | |
Total Housing Units | 1,839 | 7,301 | 12,042 | |
--Owner-Occupied | 890 | 3,964 | 7,522 | |
--Renter-Occupied | 736 | 2,506 | 3,281 | |
Owner-Occupied Values | < 100K | 165 | 804 | 1760 |
100-199K | 415 | 1784 | 3083 | |
200-299K | 197 | 906 | 1723 | |
300-399K | 85 | 275 | 522 | |
400-499K | 0 | 49 | 144 | |
500K+ | 29 | 146 | 289 | |
Total Working Age Population | 2,839 | 12,748 | 22,174 | |
In Work Force | 1,484 | 6,709 | 12,115 | |
Not In Work Force | 1,355 | 6,039 | 10,059 | |
Workforce Employed | 1,434 | 6,190 | 11,253 | |
Workforce Unemployed | 50 | 518 | 862 | |
Civlian Workforce | 1,484 | 6,709 | 12,115 | |
Military Workforce | 0 | 0 | 0 | |
Total Households | 1,626 | 6,469 | 10,802 | |
Family Households | 994 | 4,427 | 7,638 | |
Non-Family Households | 632 | 2,042 | 3,165 | |
Married Couple | 649 | 3,190 | 5,841 | |
Other Family | 346 | 1,237 | 1,796 | |
Married w/Child | 246 | 1,089 | 1,799 | |
Single Male w/Child | 28 | 98 | 154 | |
Single Female w/Child | 93 | 363 | 510 |
Population Change Last Two Decades - Plus Projection
2000 | % | 2010 | % | 2020 | % | 2030 | |
---|---|---|---|---|---|---|---|
Tennessee | 5,689,283 | +12 | 6,346,105 | +9 | 6,886,369 | +7 | 7,393,069 |
Anderson County | 71,330 | +5 | 75,129 | +3 | 77,151 | +3 | 79,454 |
Knox County | 382,032 | +13 | 432,226 | +10 | 473,996 | +8 | 513,318 |