HIGHLIGHTS
- Premier Retail Location Adjacent to Tennessee’s Highest-Traffic Mall – Strategically positioned in one of the Southeast’s most dynamic retail submarke
- Structured Rent Escalations – The lease includes 12% rental increases every five years, providing built-in growth and predictable cash flow over the i
- Affluent Surrounding Demographics – The property benefits from strong consumer spending power, with an average household income exceeding $129,362 wit
- Strong Population Growth Market – Located in Knox County, one of Tennessee’s fastest-growing counties, which has experienced a 20.55% population incre
- Positioned in the Densest Retail Corridor in East Tennessee – Surrounded by over 5.2 million square feet of retail within a two-mile radius, offering
- Proximity to Major University – Approximately five miles from the University of Tennessee, the state’s largest university with over 38,000 students an
FOR SALE DETAILS
PRICE
$2,800,000 USD
PRICE/SF
$800 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Vitamin Shoppe
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2007
SPRINKLERS
-
PARKING SPACES
15
LAND DETAILS
LAND ACRES
0.59 AC
LAND SF
25,666 SF
ZONING
-
APN/PARCEL ID
120GA-005
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865-456-7821
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865-456-7821
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