Description

This 9,350 sf building is located on 1.31 acres of land. It is a pad site to a Lowe' s anchored shopping center. The subject property is located on a heavily trafficked retail corridor and is located less than ½ mile from Home Depot, Lowe' s and Wal-Mart. There are over 118,000 residents living within 5 miles of the subject property with an average household income of $48,800. Knoxville is the third-largest city in the state of Tennessee, behind Memphis and Nashville, and is the county seat of Knox County. In April 2008, Forbes Magazine named Knoxville among the Top 10 Metropolitan Hotspots in the United States. Knoxville is home to many colleges and universities, most notably the main campus of University of Tennessee, which has over 26,000 students. Knoxville is home to many well-known musical artists and hosts several music and craft festivals throughout the year.

Knoxville's economy is largely fueled by the University of Tennessee, the Oak Ridge National Laboratory (and other Department of Energy facilities), the National Transportation Research Center and the Tennessee Valley Authority.