4400 Chapman Highway Retail

Retail-Commercial for Sale
Catylist Listing ID: 30638464
Property Subtypes: Street Retail
Building Size (RSF): 6,500 SF
Gross Land Area: 0.79 SF
Sale Price: $1,500,000
Unit Price: $230.77 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/31/2020

Overview / Comments

Two tenant building offering one bay of 3,250 square feet, pole mounted signage, signalized corner and exposure to over 28,000 cars a day. Great opportunity for an owner/user, having established Subway income, or value add investor.

This parcel offers a high visibility location just minutes from Downtown Knoxville and located in the hot South Knoxville market. Surrounded by multiple new multi-family projects, close proximity to Knoxville's new South Gateway park and two points of access further highlight this offering.

Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: City of Knoxville/Knox County
Tax ID/APN: 109OK001
Zoning: C-G-3
Retail Clientele: General, Family
Property Located Between: Young High Pike and Chapman Hwy
Property Visibility: Excellent
Largest Nearby Street: Chapman Highway
Feet of Frontage: 173
Traffic/Vehicle Count: 29,000
Site Description: High visibility and traffic location. Pole and building signage available. Dense and broad demographics.
Tenancy: Multiple Tenants
Property Condition: Good
Year Built: 1997
Zoning Description: C-G-3

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,022 54,635 117,342
Median Age: 34.19 31.11 34.39
Households: 4,949 21,164 48,625

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