20-Year Tenant | Recent Renewal | Near Downtown Knoxville
Tenant has been operating at this location since 2005
Dollar Tree corporate guaranteed lease
Tenant renewed their first of three 5 year options on 7/1/2025 for with a 10% rent increase
Tenant invested significantly into an interior revamp in 2024 which is a strong indication for future renewal options
Roof and HVAC in great shape
Brand new security cameras installed in 2026 (8 cameras with live feed). Ideal for remote LL to monitor the property.
Brand new exterior lighting and solar panel parking lot lighting
Located on a hard corner along the highly trafficked East Magnolia Avenue corridor. Situated just minutes from downtown Knoxville and easily accessible from I-40, this property benefits from strong visibility, steady vehicular traffic, and close proximity to a revitalizing commercial district.
The building features ample frontage, flexible interior layout potential, and convenient on-site parking. Whether you're an investor seeking a stabilized asset with future value-add upside or an owner-user looking for a strategic location, this property delivers exceptional upside in one of Knoxville’s emerging submarkets.