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Shops at Montvue Place 7804-7808 Montvue Center Way 10,800 SF 100% Leased Retail Building Knoxville, TN 37919 $3,300,000 ($305.56/SF) 6.85% Cap Rate
INVESTMENT HIGHLIGHTS
- Two Established NNN Tenants
- Easily Accessible from I-40 with Traffic Counts of Over 178,000 VPD
- Average Household Income of Over $111,000
- Located On the Main Retail Corridor, Surrounded by Major Retailers and Adjacent to the Newly Renovated West Town Mall, the Largest Mall in Tennessee
- Anytime Fitness is Operated by a Seasoned Franchisee with Over 60 Locations Nationwide
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,800 SF
Building Class
C
Year Built/Renovated
1972/2018
Price
$3,300,000
Price Per SF
$305.56
Cap Rate
6.85%
NOI
$226,058
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.42
Lot Size
0.59 AC
AMENITIES
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $822,840 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$822,840
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Shops at Montvue Place | 7804-7808 Montvue Center Way
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