2960-2964 Miller Place Way - Freestanding FOR SALE


Knoxville, TN 37924- Outer Northside
$4,673,500 USD
615-714-3788
2960-2964 Miller Place Way, Knoxville, TN for Sale
$4,673,500 USD
Freestanding - FOR SALE
1/5
null | 6.7% Cap Rate

2960-2964 Miller Place Way
Knoxville, TN 37924
Outer Northside


HIGHLIGHTS

  • Located in a college town
  • 100% LEASED (IN-PLACE)
  • Fully leased until 2030

OVERVIEW

Cushman & Wakefield presents an exceptional two-tenant, net leased investment opportunity anchored by national tenants Aspen Dental and Visionworks in Knoxville, Tennessee. Located in one of Knoxville’s most desirable retail corridors, this two-tenant property spans 1.15 acres and features a fully leased 7,500-square-foot retail building. With immediate access to I-640 and just a 15-minute drive from the University of Tennessee—the state’s largest and most prestigious university—the property enjoys a highly strategic and accessible location. Shadow-anchored by retail giants Sam’s Club and Walmart, the site benefits from a steady stream of customer traffic. Additionally, it is surrounded by an array of national retailers, further solidifying its position in Knoxville’s primary trade area. These factors ensure a consistent draw of shoppers and enhance the property’s long-term value. Featuring two nationally recognized credit tenants and situated in a premier location, 2960-2964 Miller Place Way is ideally positioned to deliver investors a reliable and growing cash flow for years to come. This is a rare opportunity to own a high-performing asset in a thriving retail market.

FOR SALE DETAILS

PRICE

$4,673,500 USD

PRICE/SF

$623 USD /SF

CAP RATE

6.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

SC-3

APN/PARCEL ID

059EA-001

ASK ABOUT THIS PROPERTY

Peggy SellsCushman & WakefieldMore Info
615-714-3788

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Peggy SellsCushman & WakefieldMore Info
615-714-3788

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.