Street Retail Investment Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30181158
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 13,800 SF
Gross Building Area: See Agent
Sale Price: $1,700,000
Unit Price: $123.19 PSF
Property Use Type: Investment
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 12/17/2018

Overview / Comments

Great investment opportunity to purchase a multi-tenant street retail center. Currently 2/3's occupied with Family Dollar and Credit Central. One remaining bay at 4,005 SF is available for new tenant acquisition. Financials are available upon request.

Current Tenants

Tenant Business Name Family Dollar
Is Renting? Yes
SF of Space Occupied 8,400 SF
Tenant Business Name Credit Central
SF of Space Occupied 1,400 SF
Tenant Business Name Vacant
SF of Space Occupied 4,005 SF

Additional Details

Nearest MSA: Sevierville
County: Sevier
Tax ID/APN: 045N G 029.00
Retail Clientele: General, Family, Tourist
Area Description: Just a short drive from Knoxville, Sevierville and Pigeon Forge this location offers great Chapman Highway frontage and is in close proximity to area schools.
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,811 15,892 32,600
Median Age: 44.71 40.78 40.89
Households: 712 6,159 12,528

Contact

Photograph of Listing Agent

Roger M. Moore, Jr.

NAI Koella | RM Moore KAAR CIE Member
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