Knoxville, TN Retail Property For Sale

Excellent performing retail center on Western Avenue very close to I-640. This center has a history of a high occupancy rate. Easy to manage and relatively low maintenance. The center is home to 13 successful tenants, some of whom have been there for many years. Price is based on an 8.3% capitalization rate.

All of the Tenants have been paying their rent on time even during this COVID-19 pandemic.

This 2000 SF opportunity zone commercial space is one of two spaces that make up ground floor of The Mews II, a luxurious condo development just completed in 2019. The Mews is centrally located just north of downtown Knoxville between Old Magnolia Ave and W Depot Ave. This space is within walking distance to several new residential and commercial developments. This property gives a buyer the rare opportunity to own commercial space in downtown Knoxville. The space is currently a shell and can be finished out to suit the needs of every buyer. The space can be finished out by the buyer or the developer, at an additional cost. A grease trap can be installed to suit the needs of any type of restaurant. Ample free parking directly across the street underneath interstate I-40 makes this space easily accessible

• New Construction in Opportunity Zone

• Ample Free Parking

• High Ceilings

• Abundant Natural Light

This 2000 SF opportunity zone commercial space is one of two spaces that make up ground floor of The Mews II, a luxurious condo development just completed in 2019. The Mews is centrally located just north of downtown Knoxville between Old Magnolia Ave and W Depot Ave. This space is within walking distance to several new residential and commercial developments. This property gives a buyer the rare opportunity to own commercial space in downtown Knoxville. The space is currently a shell and can be finished out to suit the needs of every buyer. The space can be finished out by the buyer or the developer, at an additional cost. A grease trap can be installed to suit the needs of any type of restaurant. Ample free parking directly across the street underneath interstate I-40 makes this space easily accessible

• New Construction in Opportunity Zone

• Ample Free Parking

• High Ceilings

• Abundant Natural Light

3 Buildings with 3 long Term Tenants is an investor special. If that is what you are looking for, then look no further. Are you looking to start investing in commercial real estate? We have been instructed to offer Owner Financing to a qualified buyer or buyers. This property is conveniently located with long term tenants plus centrally located across from the Fork's of River Business Park. As of 2018, 11,736 is the number of vehicles that past by the address daily.

Here is a rare opportunity to own commercial space on Broadway in Ftn. City. This property boast two well-maintained separate suites. Suites can be combined if you are looking for a larger space. Open floor plan with both suites and they are currently occupied. It has a break area and abundant in storage space that could potentially be rented also. Five bathrooms. Conveniently located five minutes from interstate 640. No sign on property. Please do not disturb tenants.

Great commercial property in Concord/Farragut Area but in the County! New four lane road will just increase car traffic making this a prime commercial location for a store, restaurant, or gas station. Yards from Northshore Drive. Existing bait and tackle shop and downstairs rented apartment can stay or build your ideal business! Don't miss this opportunity.

Development property up to 7.25 Acres w/ 2 Freestanding Office/Retail Buildings and 1 Residence along Alcoa Highway near Downtown Knoxville and the University of Tennessee. Excellent visibility just across Maloney Road next to Sevier Heights Baptist Church north entrance.

Office-Retail Building 1 is a modern building design with great finishes and numerous windows. Indirect lighting and high-grade finishes. Building 2 is a two-story converted office formerly a single family home and highly visible from Alcoa Highway. Acreage is beautiful green space and convenient to UT, Downtown Knoxville and McGhee Tyson Airport with direct and immediate access to the new loop at Maloney Road for super-fast and easy commutes for staff and visitors.

2 Office Buildings total over 8,600 SF. Residential building is nearly 3,000 SF.

➤This Duluth Trading opened in November 2019 and has

a 15 year initial lease with three 5-year and one 10-year

renewal options.

➤Leasehold ownership which allows for 100%

depreciation.

➤This is a corporate lease with Duluth Holdings, Inc.

which operates 53 stores across the United States.

Year end 2019 revenues of $415 million and net worth

of $176 million.

➤Easy accessibility from Interstate-75 with over 201,738

vehicles per day.

➤Excellent demographics in the surrounding area with a

population over 132,000+ in a 5-mile radius and an

average household income over $101,000.

➤Located just over 2 miles from the Parkwest Medical

Center which provides the community with 462 beds

and employees 1,400+ people.

➤In 2019, U.S. News ranked Knoxville, TN 46th on the list

of Best Places to Live.

Don’t miss this moment to own two commercial buildings side-by-side in historic Ftn. City. They are adequately located minutes from interstate 640. One is a multi-unit suite and the other could be used for a home or office space. The office/home features three bedrooms/office’s, living room/reception area, one bath and kitchenette on just over a half acre lot. Updates include new ductwork, refinished hardwood flooring, new maple cabinets, new dishwasher and stove. The multi-unit building has suites that can be combined if you are looking for a larger space. Open floor plan with both suites and they are currently occupied. Break area and abundant in storage space that could potentially be rented also. Five bathrooms.

Great South Waterfront District opportunity that boast all manner of potential.

Located one block off Sevier Avenue and spans the block between Davenport Road and Barber Street.

Parcel includes building and land. Property is currently being used as a metal fabrication business.

For sale is a great mixed use property that can cash flow quickly. Just off N Broadway this 2500+ sqft building has a commercial space that operated as a hair stylist shop formerly rent for $800 per month and a 1 bed 1 bath apartment currently rented for $500. Additional walk out storage below could possibly be rented to tenant for additional income. Potential gross income $18K per year or more, estimated expenses after utilities, maintenance, and management fees $5800. NOI of $11,655 per year places cap rate at 11% or more. Self manage for additional income. Would make a great space for accountants, bookkeeping, barber/stylist, attorney, and many other personal service businesses. Don't miss the chance to check out this great property, call for more details. To view the 360 virtual walk thru click here: https://app.cloudpano.com/tours/bcUm1AMHVp

Single tenant net lease property on Emory Road. This is a main on main site with a great tenant. La Petite has been a landmark on Emory Road for over 25 years and operates over 450 daycare locations across the United States and is part of the Learning Care Group, which is the second largest child-care provider in the United States. La Petite has been at this location since 1995. This location is thriving and a "go to" for daycare in the community. Neighboring retailers include Burger King, Zaxby's, Mayo Garden Center, Chick Fil A, UT Federal Credit Union, Regions Bank and Ruby Tuesday to name a few. Traffic Count of 27,383. 7 classrooms, 3 bathrooms, 31 parks, dumpster pad, electric heat with 3 HVAC units. For more information, please call Listing Agent.

DO NOT GO ON THE PROPERTY WITHOUT THE LISTING AGENT

Highly visible and well situated commercial property across from Harley Davidson.

Located on the West side of Clinton Highway. Over 205 feet of road frontage.

Excellent retail site for retail or restaurant development. 2+ acres.

This 4000 SF opportunity zone commercial space makes up the ground floor of The Mews II, a luxurious condo development just completed in 2019. The Mews is centrally located just north of downtown Knoxville between Old Magnolia Ave and W Depot Ave. This space is within walking distance to several new residential and commercial developments. This property gives a buyer the rare opportunity to own commercial space in downtown Knoxville. The space is currently a shell and can be finished out to suit the needs of every buyer. The space can be finished out by the buyer or the developer, at an additional cost. A grease trap can be installed to suit the needs of any type of restaurant. Ample free parking directly across the street underneath interstate I-40 makes this space easily accessible. The storefront will soon be installed which will feature large windows with masonry brick at the base of the interior and exterior.

• New Construction in Opportunity Zone

• Ample Free Parking

• High Ceilings

• Abundant Natural Light

Service Garage 3168 sf built in 1988.

Mini-warehouse 4500 sf built in 2004

Mini-warehouse 1800 sf built in 2005

50 RV parking spots

Car lot office 240 sf

Outdoor display billboard sign

Property has red light and highway cut.

Lucrative business opportunity for savvy entrepreneur to own and operate an successful ongoing and popular professional hair salon beautifully situated on a level and prime 1.5 acre lot with 225 prime frontage on Northshore Dr. (203 ft. depth in the Crystal Lake community. 1.5 Acre tract is less than 375 feet from the intersection of Northshore Drive and Duncan Road. Features more than generous amount of parking space for salon clientele/employees, detached two car coach garage with an upstairs efficiency apartment (kitchen/bathroom) leasing for $600/month.

Salon presently has five hair stylists, one masseuse and one manicurist/pedicurist. Business is presently located per tax records on a 2 acre tract but the land located to the right of the salon building is not included at the list price of $399,000. Extra half acre level lot with approx 100 ft. of frontage abutting Northshore Dr. is listed separately for $125,000.

Owners have special exemption type zoning granted from the City of Knoxville Planning Commission specifically for the express and exclusive business use as a professional licensed hair salon.

Own a piece of real estate in one of Knoxville's most sought after markets. Income producing fee simple land for sale. This listing is for the land only. Not the shops. The shops are on a ground lease which provides the fee simple landowner with $232,925 annually with increases every five years. The ground lease is an absolute net lease - no landlord responsibilities. At the end of the ground lease, the shops revert to landowner. This is a great investment opportunity!!

Retail center is 100% leased with more than 2x coverage on the ground rent. Ground lessee's current term expires 12/31/24 with options to extend through 12/31/54.

Current Term Annual Rent: $232,925.00

Option Terms Annual Rent

January 1, 2025 – December 31, 2029 $256,217.00

January 1, 2030 – December 31, 2034 $281,839.00

January 1, 2035 – December 31, 2039 $310,023.00

January 1, 2040 – December 31, 2044 $341,025.00

January 1, 2045 – December 31, 2049 $375,128.00

January 1, 2050 – December 31, 2054 $412,640.00

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Fountain City is one of the most sought after markets in Knoxville with 48,000 vpd traffic counts on Broadway.

3,550 SF free-standing building. Excellent visibility. Previously operated as New Dawn Missionary Baptist Church. High cathedral ceiling. Classrooms and Office. Men's and Women's restrooms. Church is turn-key and ready to go. Equipment and sound system negotiable. Plenty of paved parking. SF to be verified by Buyer.

Portable building on property is not included.

Great location in the Magnolia retail corridor. City of Knoxville investments are happening in this area. This property is in the Opportunity Zone. At the corner of Magnolia and Cherry Street with traffic counts of 14,273 vehicles per day on Cherry Street and 11,198 vehicles per day on Magnolia. 164' of frontage on Magnolia and 174' of frontage on Cherry Street. Ceiling heights of 12', 2 bathrooms and a loading dock at the rear of the building, gas heat. Tenant improvement allowance is negotiable. Property is also for lease.

Tenant should verify all measurements.

Call Co-Listing Agent, Jennifer Montgomery (865) 406-4364.

65' w x 32' deep

Home of US. Cellular for over 10 years.

Excellent visibility & parking

Main Arterial & Sub Market Retail Corridor.

Excellent Signage

+/- 1,904 SF perfect for many retail or restaurant uses.

3126 SF Commercial Building with over 120 FT of Chapman Highway frontage with option to buy business, 3- bays with individual bathrooms as well as space to display product, seating in front and rear of the building.

Dreams DO come true! Ever dreamed of owning your own business!? This is the place to let it all begin. Currently used as a barbershop but easily converted to accommodate most any business Beautiful floors and wood trims, full unfinished basement plus plenty of parking. Great location and convenient to Knoxville and Jefferson City. Check it out today and let those dreams begin!

-Property located on the 17th Street just north of The University of Tennessee (28,321 enrollment)

-Existing building: Car Wash

-Explosive growth along Cumberland Avenue with private multi-family projects opening or under constrcution

-17th street is the main route from I-40 to the University of Tennessee, which offers great visibility and high traffic volumes

-Daytime population of 190,684 within 5 mile radius

Located in North Knoxville on N Broadway Street only 1.5 miles from Downtown Knoxville. Site is centrally located near historic neighborhoods of Old North Knox and 4th & Gill, with entertainment and restaurant growth. Area retailers include Three Rivers Market, Central Flats & Taps, K Brew, Schultz Brau Brewing Company, etc...

This space offers a wide range of use opportunities and includes 20 + Parking spaces.

**Note: Building adjacently north (949 N Broadway) is also available for lease (2,932 SF +/-)

PROPERTY OVERVIEW

Restaurant for sale or lease off Emory Road. Excellent location in fast-growing area of North Knoxville/Powell. Next to North Knoxville Medical Center and just off I-75.

High traffic counts with just under 40,000 vpd on Emory Road and 68,000 vpd

on I-75 at the Emory Road exit.

PROPERTY HIGHLIGHTS

• High-traffic area with medical, hospitality, & restaurants

• 40,000 vehicles per day at Emory Road

• 68,000 vehicles per day on I-75 at Emory Road exit

• Next to North Knoxville Medical Center

Convenient to interstate 40

Close Proximity to many hotels

Built to National Brand Resturant Standards

Outside seating

Many recent improvements

Located at signalized intersection shared with adjacent high volume Kroger (cross access in place). Prominent location in heavily trafficked area with great visibility and pylon sign. Building sets up well for drive-thru endcap conversion. Interior in great shape.

120 Merchants Drive is also listed for lease at $25 per square foot NNN, and includes a parking lot next door with lot dimensions of 161.91 X 157.64 X IRR. Please see the map with dimensions in photos for details.