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11651-11657 Parkside Dr
Knoxville, TN 37934

Retail Property For Sale

Retail Buildings Tennessee Knoxville 11651-11657 Parkside Dr, Knoxville, TN 37934

Investment Highlights

  • 100% Occupied
  • Near by major retailers
  • Multiple Corporate Tenants
  • High Profile Retail Facility in Turkey Creek

Executive Summary

Ground Lease for Sale in Highly Desirable Turkey Creek Retail District of West Knoxville! 100% occupied. The Turkey Creek retail district is the premier shopping venue in Knoxville. Nearby major retailers include: Walmart Supercenter, Super Target, Belk, Publix, JCPenney and Costco. 2023 Traffic Counts on Parkside Drive are 17,694 AADT. Visit the Turkey Creek website: http://turkeycreek.com/ Improvements on long-term ground sub-lease, please call owner for details. Tenants include: T Mobile, Club Champion, Great Clips and more. Located in The Turkey Creek retail district, with easy access to I-40 @ Campbell Station Road, Exit 373 and I-40 @ Lovell Road, Exit 374.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,800 SF
Building Class
B
Year Built
2007
Price
$2,100,000
Price Per SF
$239
Cap Rate
6.83%
NOI
$143,430
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.02
Lot Size
9.20 AC
Zoning
C-2
Parking
65 Spaces (3.06 Spaces per 1,000 SF Leased)
Frontage
124 FT on Parkside Dr

Amenities

  • Signage

PROPERTY TAXES

Parcel Number 130-19104 Improvements Assessment $0
Land Assessment $0 Total Assessment $4,910,360

PROPERTY TAXES

Parcel Number
130-19104
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,910,360
 

  • Listing ID: 34372442

  • Date on Market: 1/4/2025

  • Last Updated:

  • Address: 11651-11657 Parkside Dr, Knoxville, TN 37934

More public record information on 11651-11657 Parkside Dr, Knoxville, TN 37934

The Retail Property at 11651-11657 Parkside Dr, Knoxville, TN 37934 is currently available for sale. Contact Roy L Henry Properties for more information.

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