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2580 E Magnolia Ave 6,626 SF Retail Building Knoxville, TN 37914 $1,275,000 ($192.42/SF)
Executive Summary
This previous Advance Auto Building on E Magnolia Ave is conveniently situated just 2.5 miles North East of downtown Knoxville on a high traffic retail corridor with 26,000 cars per day crossing the E Magnolia and N Cherry St intersection. National retailers including McDonald's, Arby's, Little Caesars, Oreilly Auto Parts, and Family Dollar create strong co-tenancy for new retail development in the region. Property can be purchased for $1,275,000 and/or leased for $14psf +NNN.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,626 SF
Building Class
B
Year Built
2003
Price
$1,275,000
Price Per SF
$192.42
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.68 AC
Opportunity Zone
Yes
Zoning
C-3 - Commercial
Parking
27 Spaces (4.07 Spaces per 1,000 SF Leased)
Frontage
Nearby Major Retailers
Property Taxes
| Parcel Number | 082JL-012 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $276,360 |
Property Taxes
Parcel Number
082JL-012
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$276,360
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2580 E Magnolia Ave
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