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2031 Thunderhead Rd
Knoxville, TN 37922

Cornerstone II · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
7,178 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2013
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
1.06 AC
Zoning
TC-1 - Commercial
Parking
73 Spaces (7.17 Spaces per 1,000 SF Leased)
Frontage
294 FT on Thunderhead Road

AMENITIES

  • Air Conditioning

ABOUT 2031 THUNDERHEAD RD , KNOXVILLE, TN 37922

Holrob Commercial Real Estate LLC is pleased to offer for sale Cornerstone II in Northshore Town Center. Cornerstone II is a 10,178 sq ft shopping center that is located in Knoxville’s highest demographic and fastest growing areas. The shopping center is 100% leased and boasts a great mix of local tenants such as Soccer Taco, Casual Pint, Slamdot, and Buzz Nabors DDS. The property is composed of two buildings and is located in West Knoxville just off of the intersection of I-140 and Northshore Dr. Cornerstone II is is within Northshore Town Center, a mixed use project anchored by Publix and Target. The Town Center also has single family residential as well as the Aventine, a 242 upscale Apartment complex located on the adjacent property. Also within the Town Center and just up Thunderhead Rd is Northshore Elementary School. The center is supported by outstanding demographics with the 1 and 3 mile radius featuring an average income of over $100,000. The trade area includes retailers such as Walgreens, CVS, Kroger Marketplace, Publix, Target, Five Guys Burgers and Fries, Dunkin Donuts, Starbucks, First Tennessee bank and many others. DEAL HIGHLIGHT The property is encumbered by a loan which must be assumed by the prospective purchaser. The loan is Non-Recourse with a 4.76% interest rate, 30 year amorthization schedule, and matures September of 2026.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
154-09403
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,029,440
  • Listing ID: 11537064

  • Date on Market: 2/9/2018

  • Last Updated:

  • Address: 2031 Thunderhead Rd, Knoxville, TN 37922

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