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7804-7808 Montvue Center Way
Knoxville, TN 37919
Anytime Fitness | Big Kahuna Wings · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Signage
ABOUT 7804-7808 MONTVUE CENTER WAY , KNOXVILLE, TN 37919
Stan Johnson Company is pleased to exclusively offer for sale, 7804-7808 Montvue Center Way in Knoxville, Tennessee. The property is located on Montvue Road which connects directly to the I-40 and I-75 on/off ramps (148k VPD). Just across the street is the West Town Mall, a 1.3 million SF mall that Simon Property Group recently invested in and is undergoing major renovations. This multi-tenant retail investment presents a buyer with the unique opportunity to acquire two individual fee simple parcels totaling approximately .61 acres, and 10,800 SF leased to Anytime Fitness and Big Kahuna Wings. Anytime Fitness and Big Kahuna have both signed net leases for 11 and 10 years respectively, both at modest rental rates. Each of these leases feature personal guaranties, and have rental increases scheduled within the base term. In addition, both leases call for the tenant to reimburse the landlord for common area expenses, which ultimately is managed by the shopping center, alleviating the need for a purchaser to hire a manager for the common areas.
PROPERTY TAXES
| Parcel Number | 120JB-00803 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $402,640 |
PROPERTY TAXES
