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7833 Kingston Pike
Knoxville, TN 37919 Westside

$2,800,000 USD

Drugstore For Sale  •  3,500 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 3,500 SF
  • Lot Size 0.59 AC
  • Building Class C
  • Year Built 2007
  • Cap Rate 6.25 %
  • Tenancy Single
13 Transit Score
62 Walk Score

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
Cap Rate: 6.25 %

Major Tenants

Tenant SF Occupied Lease End Date
The Vitamin Shoppe 5/31/2029

Amenities

  • Pylon Sign

Public Transportation

AirportDriveWalkDistance
McGhee Tyson 27 min - 15.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 15
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