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4702-4720 Western Ave 56,478 SF 100% Leased Retail Building Knoxville, TN 37921 $12,253,177 CAD ($216.95 CAD/SF) 7.52% Cap Rate
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
1974
Price
$12,253,177 CAD
Price Per SF
$216.95 CAD
Cap Rate
7.52%
NOI
$920,962 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
Property Taxes
| Parcel Number | 093GC-00201 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,285,156 CAD |
Property Taxes
Parcel Number
093GC-00201
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,285,156 CAD
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4702-4720 Western Ave
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