7530 Thunder Ln - Health Club FOR SALE
Powell, TN 37849 |
$6,247,000 USD
865-456-7821
7530 Thunder Ln
Powell, TN 37849
HIGHLIGHTS
- Investors have the flexibility to acquire the asset as part of a larger portfolio or as a standalone investment.
- Strategically located along the heavily traveled East Emory Road corridor with signalized access and more than 27,000 vehicles per day.
- Situated in Knox County, Tennessee’s third-largest county with a population exceeding 500,000 residents.
- Positioned among a strong concentration of national brands creating a highly active retail environment with consistent consumer traffic.
- Located within a growing residential community supported by strong schools, established neighborhoods, and an increasing concentration of dual-income
- Constructed in 2024, the property requires minimal near-term capital expenditures and features approximately 12 years remaining on the initial lease.
FOR SALE DETAILS
PRICE
$6,247,000 USD
PRICE/SF
$408 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Planet Fitness
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Health Club
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.58 AC
LAND SF
68,912 SF
ZONING
-
APN/PARCEL ID
047-08305
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865-456-7821
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865-456-7821
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