Highlands Row

Retail-Commercial for Sale
Catylist Listing ID: 30257401
Property Subtypes: Mixed Use, Restaurant, Street Retail, Other
Building Size (RSF): 11,836 SF
Gross Building Area: See Agent
Gross Land Area: 1.18 Acres
Sale Price: $2,250,000
Unit Price: $190.10 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Highlands Row
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/19/2018

Overview / Comments

Highlands Row is an upscale retail/office center located in the heart of Knoxville's top retail corridor, Bearden. Built in 2008, this attractive and functional center boasts a great location with ample parking. Most suites have a mezzanine level at the rear to add retail drama and enhance function. Located between Kingston Pike (19,170 CPD) and Lyons View Pike (11,545 CPD), this center allows easy access for a top demographic in Knoxville and is in an area with continuing residential growth. Within the 3-mile radius ring, Highlands Row serves a population of 48,091 with an increase to 144,517 within a 5-mile radius and a population growth expected at 3.4% between 2017 and 2022.

Ample parking with a secure parking garage underneath the building as well as front door parking to each individual suite. In the heart of Bearden, a bustling district in Knoxville. The center is between two busy thoroughfares of Kingston Pike and Lyons View Pike and very accessible from both.

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 107NC002
Zoning: C-3
Largest Nearby Street: Kingston PIke
Feet of Frontage: 340
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2008
Total Parking Spaces: 71
Parking Ratio: 6 (per 1000 SF)
Parking Type: Structure, Surface, Underground
Parking Description: Ample street-level and secure underground parking garage
Lot Frontage: 340
Lot Depth: 143

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,117 60,379 173,721
Median Age: 32.82 31.92 34.88
Households: 3,113 25,075 73,975

Contact

Photograph of Listing Agent

Troy Zawadzki

Avison Young KAAR CIE Member
Photograph of Listing Agent

John M Adams III, CCIM SIOR

Avison Young KAAR CIE Member
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