3600-3606 Western Ave - Freestanding FOR SALE


Knoxville, TN 37921- Westside
$950,000 USD
865-368-2787
3600-3606 Western Ave, Knoxville, TN for Sale
$950,000 USD
Freestanding - FOR SALE
1/32
null | 7.01% Cap Rate

3600-3606 Western Ave
Knoxville, TN 37921
Westside


HIGHLIGHTS

  • HIGH TRAFFIC COUNT 2023 ADT 19,370 DAILY
  • CORNER LOT WITH REAR ALLEY
  • 70% LEASED - 9.5 YEARS LEFT

OVERVIEW

70% LEASED ON A MODIFIED GROSS LEASE - MAJOR TRAFFIC COUNT - 9.5 CAP ON PROFORMA!! Excellent location just 1/2 mile East of I-640 with plenty of parking & 70% occupancy. The vacant 2000 sqft is perfect for an owner occupant who desires income from the existing tenant (Knoxville Liquor) to pay their mortgage. 3600-06 Western is a prime commercial property currently zoned C-G-1 and ideally situated in the heart of the Knoxville MSA area, ensuring high visibility and exposure to significant traffic volume with a 2023 ADT of 19,370 daily

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$135 USD /SF

CAP RATE

7.01%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Loft/Creative Space, Telecom Hotel/Data Hosting, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,694 SF

ZONING

C-G-1

APN/PARCEL ID

093DG-006,093DG-007,093DG-008

ASK ABOUT THIS PROPERTY

Solange VelasGoldman Partners Realty, LLCMore Info
865-368-2787

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Solange VelasGoldman Partners Realty, LLCMore Info
865-368-2787

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