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The subject property is a 5,160 square foot Car-X Tire & Auto in Knoxville, TN. The building, built in 2008, is on 0.87 acres of land between the heavily commuted corridors of New Cedar Bluff Rd. (26,000 CPD) and Middlebrook Pike (31,000 CPD). Just north of I-40/75, the property is 10 miles from the city' s central business district and less than 1 hour from the Great Smoky Mountains National Park, that experiences over 10 million visitors annually. The property is neighbored by a number of compatible retailers, banks and other service tenants including Kroger, Starbucks, Walgreens, Dollar General, CVS, and Verizon.
Car wash has 4 self-service bays and one brushless automatic bay, with four (4) vacuum units. It has great visibility and easy access.
This REO commercial property consists of 0.44 acre with two older buildings built in 1945 and in poor condition. Over 300 feet of frontage on Chapman Highway, with excellent visibility.
Property is located at the corner of David Lane and Kingston Pike between I-141 and Lovell Rd at a signalized intersection. The property is best suited to be purchased as a redevelopment opportunity.
The building is of metal construction having approximately 18,750 SF on the main level. There is a mezzanine level providing more useable square feet of approximately 9,250 SF. Included in the useable square feet are approximately 6,000 SF of office space. The building is situated on approximately 2.27 acres. Most of the building is heated and cooled. There are two (2) overhead doors in the service bay and one in the shipping/receiving area with a hydraulic lift. The previous use had been for the sale of recreational vehicles and before that a gymnastics studio.
Former Kroger Grocery Store on busy U.S. Hwy/Kingston Pike in Knoxville, Tennessee. Excellent demographics. Major retail development area at this location. Privately owned building.
Two-Story solid brick and block building situated on corner lot. Position for redevelopment for residential, retail, office and showroom. Approximately 13,000+/- SF per floor. Possible parking under main floor of building for up to 21 vehicles. Across from main Knoxville Transit Center.
Great location in the heart of Bearden, just one block off of Kingston Pike. Two parcels: a 6,326sft commercial/retail building and a .33ac parking lot. Currently leased to La Rumba restaurant with annual rent of $72,000. Most restaurant equipment can convey with the sale.
Marcus & Millichap is pleased to exclusively offer for sale to qualified investors, the opportunity to purchase a 100 percent fee-simple interest in the Walgreens property located Knoxville, Tennessee (the "Property"). The Property is located on 1.58 prime acres with an approximate rentable square footage ("RSF") of 14,112 square feet and is positioned on the hard, signalized corner of Clinton Highway and Merchants Drive, seeing a combined 60,000 plus vehicles a day passing by the Property. The initial 20-year lease started in June 2001 and there are eight five-year renewal options in place. The Property is a consistent and very strong performing store and enjoys a highly visible location with multiple access points. Some of the retail tenants in close proximity include Lowe's Home Improvement Warehouse, Target, Walmart, and all household names in casual dining and quick serve restaurants. Owner has recently put a brand new 10-year loan on a 15-year amortizations at current market interest rates. The rapid principal reduction in the current loan yields over 8.5 percent first year return.
23,320 sf Retail/Warehouse building on 1.626 acres. 256.67' frontage on the north side of Western Avenue with a depth of 300'.