Retail Property for Sale (Former Bank) ~ Lenoir City, TN

Retail-Commercial for Sale
Catylist Listing ID: 30821199
Property Subtypes: Free-Standing Building, Retail-Pad, Street Retail, Other
Building Size (RSF): 1,969 SF
Gross Building Area: See Agent
Sale Price: $749,000
Unit Price: $380.40 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/19/2022

Overview / Comments

-Retail Property for Sale located on the main corridor of Lenoir City, US Highway 321
-Former Bank (1,969 SF) with 2 drive thru lanes
-Approximately 2.5 miles from Interstate 75
-Growing submarket with good incomes
-Excellent traffic counts and visibility
-Area retailers include: Food City, Wal-Mart, Bojangles, Zaxby’s, Home Depot, etc…

Additional Details

Nearest MSA: Knoxville
County: Loudon
Tax ID/APN: 053020DA02400
Retail Clientele: General, Family, Business, Other
Property Visibility: Excellent
Largest Nearby Street: Highway US-321
Traffic/Vehicle Count: 22,542
Tenancy: Single Tenant
Total Number of Buildings: 1
Property Condition: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,185 12,988 36,792
Median Age: 36.97 36.72 42.94
Households: 1,754 5,013 14,354
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