711 N Cherry Street, Knoxville, TN 37914 for Sale
Retail-Commercial
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30837269 |
| Property Subtypes: |
Street Retail
|
| Status: |
Pending/Contingent |
| Building Size (RSF): |
2,688 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$296,000 |
| Unit Price: |
$110.12 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Net Leased Investment (NNN) |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Average Occupancy Rate: |
100 |
| Last Updated: |
5/17/2023 |
Overview / Comments
Cherry Street is a well maintained 100% Occupied Office/Retail facility that is located at the signalized intersection of Cherry Street and Washington Ave. Only 1,250 feet from I-40, which has a daily traffic count of 90,000.
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Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Knox |
| Tax ID/APN: |
082JF018 |
| Retail Clientele: |
General |
| Property Visibility: |
Excellent |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Good |
| Year Built: |
1984 |
| Construction/Siding: |
Block |
| Parking Type: |
Surface |
| Heat Type: |
Natural Gas |
| Air Conditioning: |
Engineered System |
| Zoning Description: |
C-N |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
12,762 |
75,379 |
152,835 |
| Median Age: |
37.68 |
33.7 |
35.3 |
| Households: |
5,684 |
30,552 |
64,610 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Knoxville Area Association of REALTORS® nor
Moody's assume any liability for errors or omissions.
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