Pellissippi Parkway Class "A" Office/Retail

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30511296
Property Subtypes: Business Park, Mixed Use, Office Building
Building Status: Proposed
Building Size (RSF): 7,063 SF
Sale Price: $1,275,000
Unit Price: $180.52 PSF
Property Use Type: Vacant/Owner-User
Building Name: Schaeffer Road Retail at Lovell Road
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/10/2019

Overview / Comments

Approximately 2,800 square feet of new retail space located at 1608 Schaeffer Road at Lovell Road. The property provides excellent access to Pellissippi Parkway and Lovell Road. Just minutes from Middlebook Pike and Hardin Valley.

• New Class "A" Retail Space Available
• Excellent location off of Lovell Road on Schaeffer Road and across the street from busy and stable Burger King
• Easy access to Pellissippi Parkway, Hardin Valley and Middlebrook Pike
• High Traffic Counts:
• Lovell Road 12,325
• Pellissippi Parkway 62,946
• Just minutes from fast growing Hardin Valley and Turkey Creek.
• Lease Price:$22 PSF NNN Vanilla Box plus CAM-$3.50

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 118 007
Property Located Between: Schaeffer Road & Lovell Road
Site Description: Level lot with ample parking for shoppers.
Area Description: The property provides convenient access to Pellissippi Parkway, and Lovell Road with less than one mile from the Hardin Valley Road exit and minutes from Middlebrook Pike and I-40, Turkey Creek and fast growing Hardin Valley. High Traffic counts with approximately 75,000+- cars passing by on Lovell Road and Pellissippi Parkway. Located across the street from well performing Burger King.
Year Built: 2016
Year Renovated: 2016
Exterior Description: Brick exterior with glass storefronts.
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,837 29,879 111,609
Median Age: 35.74 39.92 39.13
Households: 1,507 11,913 45,140

Contact

Photograph of Listing Agent

Roger M. Moore, Jr.

NAI Koella | RM Moore KAAR CIE Member
Photograph of Listing Agent

Michelle Gibbs

NAI Koella | RM Moore KAAR CIE Member
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