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2061 Thunderhead Rd
Knoxville, TN 37922
Cornerstone II · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
7,178 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2013
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
1.06 AC
Zoning
TC-1 - Commercial
Parking
73 Spaces (7.17 Spaces per 1,000 SF Leased)
Frontage
294’ on Thunderhead Road
Amenities
- Air Conditioning
About 2061 THUNDERHEAD RD , KNOXVILLE, TN 37922
Cornerstone II consists of 4 internet resistant tenants providing needed services to the surrounding community. The tenants have a proven track record within the project as well as within the Knoxville community. Eighty percent of the tenant makeup have multiple locations and have a minimum of five years remaining on their lease terms. Cornerstone II is located within the 133-acre Northshore Town Center Project. The development consists of numerous office tenants, retail businesses, single-family & multifamily homes, an elementary school and major retail anchors such as Target & Publix. The property is encumbered by a fixed-rate CMBS loan at a below market interest rate (4.76%), with 8 years remaining on a 30-year amortization.
Property Taxes
| Parcel Number | 154-09403 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,029,440 |
Property Taxes
Parcel Number
154-09403
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,029,440
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