SHOPPING CENTER

Shopping Center for Sale
Sale Pending
Catylist Listing ID: 30842825
Property Subtypes: Strip Center
Status: Pending
Building Size (RSF): 11,310 SF
Gross Building Area: See Agent
Sale Price: $2,200,000
Unit Price: $194.52 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 5/30/2023

Overview / Comments

Incredible investment opportunity! With a mixture of restaurants, phone stores, and more, this property is 95% occupied by long-term tenants. Located on the bustling Western Avenue, in a highly populated area.

Taxes and Insurance as well as all exterior are maintained by the owner. Renters pay utilities and all indoor repairs.

Current Tenants

Tenant Business Name Jasmin Thomas
Tenant Business Name Charito Moulden
Tenant Business Name Bonita Gillespie- Financial
Tenant Business Name Cellphone Outlet, LLC- Boost Mobile
Tenant Business Name Andreas Mateo
Tenant Business Name My Canna Buds
Tenant Business Name Eddie Copeland
Tenant Business Name Santiago Silva
Tenant Business Name Paper Dolls Beauty Bar
Tenant Business Name William, Fernando, Julio- Handcraft collective
Tenant Business Name African Food Market
Tenant Business Name Mousies

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 093DH042
Zoning: COMMERCIAL
Retail Clientele: General, Family
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Excellent
Year Built: 1969
Year Renovated: 1980
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Paved and lined parking.
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,250 86,187 185,793
Median Age: 29.27 31.8 34.72
Households: 3,052 35,494 79,945

Contact

Photograph of Listing Agent

Mark Moussa

LPT Realty, LLC KAAR CIE Member
Photograph of Listing Agent

Alex Darboe

LPT Realty, LLC KAAR CIE Member
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