7629-7649 Kingston Pike | Knoxville, TN 37919
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- LoopNet Team
7629-7649 Kingston Pike
Knoxville, TN 37919
West Town Crossing · Retail Property For Sale
Investment Highlights
- Strong Sales | Firebirds Grill operating below a 7.40% health ratio with trailing 12-month sales in excess of $690/SF
- Proximity to Economic Drivers | 14-minute drive from downtown Knoxville and University of Tennesee
- Dense and Affluent Demographics | 67K people within a 3-mile radius with average HHI of $101K
- Value-Add Opportunity | 1,849 SF of upside leaving the ability to increase NOI by $60K
- New Construction | Delivered in 2021 with a WALT of 11 years
- Embedded Rent Growth | 100% of the occupied GLA has rent growth
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
16,415 SF
Building Class
B
Year Built
2021
Percent Leased
89%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
2.35 AC
Zoning
C-2 - Commercial
Parking
147 Spaces (8.96 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 120GB01101 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,760,000 |
PROPERTY TAXES
Parcel Number
120GB01101
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,760,000
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