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The Markman's Building 3010 Mall Rd South 9 229 pi² 100% Loué Commerce de détail Immeuble Knoxville, TN 37924 2 705 667 $ CAD (293,17 $ CAD/pi²) 7% Taux de capitalisation



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FAITS SAILLANTS DE L'INVESTISSEMENT
- Outparcel to a Highly Successful Lowe’s Home Improvement within The Isiah’s Landing Shopping Center
- All Leases are on a Triple-Net (NNN) Lease Structure
- 100% Occupied to a Diverse, Internet-Resistant Tenant Roster
- Significant Growth in the Immediate Area- Numerous Housing Developments Recently Constructed
RÉSUMÉ DE L'ANNONCE
Marcus & Millichap is pleased to present the opportunity to acquire a fee simple interest in The Markman Building, a 9,229 SF Lowe’s Shadow Anchored strip center situated on a 1.21 acre parcel in the rapidly growing city of Knoxville, TN.
The property is ideally located just 6 miles northeast of downtown Knoxville in the Lowe’s anchored Isaiah’s Landing Shopping Center. The Markman Building is strategically positioned directly in front of Lowe’s offering excellent visibility from I-640 (73,000 VPD). Isaiah’s Landing is also home to a strong lineup of national retailers including Cracker Barrel, Wendy’s, Sonic, Domino’s, Walgreens Pharmacy, Home Federal Bank, O’Charley’s and is adjacent The East Town Crossing anchored by The Home Depot.
The property is fully stabilized with a diverse mix of interest-resistant retailers, majority of which are medical or physical care-based tenants. All tenants are set up on a triple-net lease structure, reimbursing their pro rata share of common area maintenance, real estate taxes, and insurance expenses.
The immediate trade area has experienced robust population & job growth in recent years, supported by significant residential and commercial development. Notably The Emerald Knoxville, a 160 Luxury apartment community completed in 2025 directly next to the subject property. Amazon recently opened a new distribution center across I-640, bringing new jobs and improving daytime traffic in the area.
The property is ideally located just 6 miles northeast of downtown Knoxville in the Lowe’s anchored Isaiah’s Landing Shopping Center. The Markman Building is strategically positioned directly in front of Lowe’s offering excellent visibility from I-640 (73,000 VPD). Isaiah’s Landing is also home to a strong lineup of national retailers including Cracker Barrel, Wendy’s, Sonic, Domino’s, Walgreens Pharmacy, Home Federal Bank, O’Charley’s and is adjacent The East Town Crossing anchored by The Home Depot.
The property is fully stabilized with a diverse mix of interest-resistant retailers, majority of which are medical or physical care-based tenants. All tenants are set up on a triple-net lease structure, reimbursing their pro rata share of common area maintenance, real estate taxes, and insurance expenses.
The immediate trade area has experienced robust population & job growth in recent years, supported by significant residential and commercial development. Notably The Emerald Knoxville, a 160 Luxury apartment community completed in 2025 directly next to the subject property. Amazon recently opened a new distribution center across I-640, bringing new jobs and improving daytime traffic in the area.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement
Condition de vente
1031 Échange
Type de propriété
Commerce de détail
Sous-type de propriété
Immeuble de commerce
Taille du bâtiment
9 229 pi²
Classe d’immeuble
B
Année de construction
2003
Prix
2 705 667 $ CAD
Prix par pi²
293,17 $ CAD
Taux de capitalisation
7%
Revenu net d’exploitation
189 396 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,18
Taille du lot
1,21 AC
Zonage
C-H-2
Stationnement
45 places (4,88 places par 1 000 pi² loué)
Façade
COMMODITÉS
- Visibilité de l'autoroute
- Enseigne sur pylône
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
Impôts fonciers
| Numéro de lot | 059LG-003 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 847 047 $ CAD |
Impôts fonciers
Numéro de lot
059LG-003
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
847 047 $ CAD
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The Markman's Building | 3010 Mall Rd South
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