7618 Chapman Hwy - Freestanding FOR SALE
Knoxville, TN 37920 |
7618 Chapman Hwy
Knoxville, TN 37920
HIGHLIGHTS
- Corporate lease | Valvoline LLC | 1,700+ locations across the U.S.
- Signalized corner intersection | Chapman Hwy & Mountain Grove Rd | Chapman Hwy sees 35,656 VPD
- New construction | Completion expected early 2024
- Absolute Net Ground Lease | Zero landlord responsibilities
- New 15-year lease term
- Across Chapman Hwy from newly constructed Covenant Health South medical facility | $20M outpatient facility for Knoxville-based Covenant Health
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Valvoline Ground Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
2500
STORIES
1
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
8
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
137-222
