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7530 Thunder Ln
Powell, TN 37849 Outer Northside

$6,247,000 USD

Health Club For Sale  •  15,308 SF

Property Details

  • Property Type Health Club
  • Total Building Size 15,019 SF
  • Lot Size 1.58 AC
  • Building Class C
  • Year Built 2023
  • Cap Rate 6.25 %
0 Transit Score
50 Walk Score

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.
Cap Rate: 6.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Planet Fitness

Public Transportation

AirportDriveWalkDistance
McGhee Tyson 42 min - 24.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Tanner Sanford 865-456-7821 Matthews Real Estate Investment Services
Tanner Sanford 865-456-7821 Matthews Real Estate Investment Services