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4702-4720 Western Ave 56,478 SF 100% Leased Retail Building Knoxville, TN 37921 $12,898,182 CAD ($228.38 CAD/SF) 7.19% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Notable Anchor Tenant: Anchored by the Extremely Successful and Well-Known Tennessee School of Beauty, Which Enrolls Over 250 Students at Center Daily
  • Fundamentally Strong Demographics: 164,819 Population & $78,593 Average Household Income within a 5-Mile Radius
  • Long Term Stability: Over 45% of the GLA has a Remaining Lease Term of 10 Years, Adding Stability to the Investment
  • Strong, Internet-Resistant Tenant Mix: The Majority of Tenants are Essential Service & Internet Resistant Businesses with Strong Financial Backings

PROPERTY FACTS

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
56,478 SF
Building Class
C
Year Built/Renovated
1974/2010
Price
$12,898,182 CAD
Price Per SF
$228.38 CAD
Cap Rate
7.19%
NOI
$927,192 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
4 Exterior
Building FAR
0.16
Lot Size
7.99 AC
Parking
350 Spaces (6.2 Spaces per 1,000 SF Leased)
Frontage
472’ on Western Ave

AMENITIES

  • Freeway Visibility
  • Pylon Sign
  • Signalized Intersection

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Soccer Player Academy
  • Retailer
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Soccer Player Academy Retailer - $9.99 Lorem Ipsum Jan 0000

NEARBY MAJOR RETAILERS

Regions Bank
Walmart Neighborhood Market

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
093GC-00201
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,303,778 CAD
  • Listing ID: 38810445

  • Date on Market: 2025-12-17

  • Last Updated:

  • Address: 4702-4720 Western Ave, Knoxville, TN 37921

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