7629-7649 Kingston Pike - Freestanding FOR SALE
Knoxville, TN 37919 |
7629-7649 Kingston Pike
Knoxville, TN 37919
HIGHLIGHTS
- Strong Sales | Firebirds Grill operating below a 7.40% health ratio with trailing 12-month sales in excess of $690/SF
- Value-Add Opportunity | 1,849 SF of upside leaving the ability to increase NOI by $60K
- Proximity to Economic Drivers | 14-minute drive from downtown Knoxville and University of Tennesee
- New Construction | Delivered in 2021 with a WALT of 11 years
- Dense and Affluent Demographics | 67K people within a 3-mile radius with average HHI of $101K
- Embedded Rent Growth | 100% of the occupied GLA has rent growth
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
West Town Crossing
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Restaurant, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
16415
STORIES
1
YEAR BUILT
2021
SPRINKLERS
-
PARKING SPACES
147
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
120GB-01101
