4702-4720 Western Ave - Freestanding FOR SALE


Knoxville, TN 37921- Westside
$9,357,833 USD
949-419-3286
4702-4720 Western Ave, Knoxville, TN for Sale
$9,357,833 USD
Freestanding - FOR SALE
1/17
null | 7.19% Cap Rate

4702-4720 Western Ave
Knoxville, TN 37921
Westside


HIGHLIGHTS

  • Notable Anchor Tenant: Anchored by the Extremely Successful and Well-Known Tennessee School of Beauty, Which Enrolls Over 250 Students at Center Daily
  • Long Term Stability: Over 45% of the GLA has a Remaining Lease Term of 10 Years, Adding Stability to the Investment
  • Fundamentally Strong Demographics: 164,819 Population & $78,593 Average Household Income within a 5-Mile Radius
  • Strong, Internet-Resistant Tenant Mix: The Majority of Tenants are Essential Service & Internet Resistant Businesses with Strong Financial Backings

FOR SALE DETAILS

PRICE

$9,357,833 USD

PRICE/SF

$183 USD /SF

CAP RATE

7.19%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

350

LAND DETAILS

LAND ACRES

7.99 AC

LAND SF

348,044 SF

ZONING

-

APN/PARCEL ID

093GC-00201

ASK ABOUT THIS PROPERTY

Justin AndreasianMarcus & MillichapMore Info
949-419-3286

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Justin AndreasianMarcus & MillichapMore Info
949-419-3286

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