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Club Car Wash 8161 Kingston Pike 5,000 SF Retail Building Knoxville, TN 37919 $5,116,363 CAD ($1,023.27 CAD/SF) 5.50% Cap Rate



Investment Highlights
- New 2026 construction delivering a brand-new Absolute NNN Ground Lease asset
- 10% rental increases every 5 years during initial term and each renewal period
- Prime Kingston Pike location adjacent to West Town Mall, Tennessee's highest-traffic mall
- 20 years remaining in the initial lease term with four 5-year renewal options
- Zero landlord responsibilities — tenant responsible for roof, structure, taxes, insurance, and maintenance
- Located in Knoxville, one of the fastest growing cities in Tennessee with 20.55% population growth since 2010
Executive Summary
Hutt Cooke
License # 356505, 263667 (TN)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
License # 356505, 263667 (TN)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,000 SF
Building Class
C
Year Built
2026
Price
$5,116,363 CAD
Price Per SF
$1,023.27 CAD
Cap Rate
5.50%
NOI
$281,400 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.00 AC
Zoning
Cs - Commercial Service
Frontage
95’ on Kingston Pike
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 120IA-00416 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,024,576 CAD |
Property Taxes
Parcel Number
120IA-00416
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,024,576 CAD
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Club Car Wash | 8161 Kingston Pike
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