116 N Cedar Bluff Rd | Knoxville, TN 37923
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116 N Cedar Bluff Rd
Knoxville, TN 37923
Duluth Trading Company - Leasehold Estate · Retail Property For Sale
Investment Highlights
- This Duluth Trading opened in November 2019 and has a 15 year initial lease with three 5-year and one 10-year renewal options.
- This is a corporate lease with Duluth Holdings, Inc. which operates 65 stores across the United States. Year end 2019 revenues of $415 million.
- Excellent demographics in the surrounding area with a population over 132,000+ in a 5-mile radius and an average household income over $101,000.
- Leasehold ownership which allows for 100% depreciation.
- Easy accessibility from Interstate-75 with over 201,738 vehicles per day.
- Located just over 2 miles from the Parkwest Medical Center which provides the community with 462 beds and employees 1,400+ people.
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,385 SF
Building Class
B
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.73 AC
Amenities
- Signage
1 of 1
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