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Merchant Village II Center

$2,300,000

5210 Schubert Rd, Knoxville, TN 37912

Active
Last Updated: 07/01/2025

16,180 sqft

Building Size

2.19 acres

Lot Area

Details:
Building Size:    16,180 sqft
Lot Area:    2.19 acres
Occupancy:    100%
Units:    3
Year Built:    1978
Floors:    1
Highlights:
  • Fully Sprinkled (wet system)
  • Tenants are Peyton's Place - 10,400 SF (month-to-month), vacant 1,900 SF (former insurance) and WaveMAX (3,880 SF)
  • Separate electric, gas and water meters
  • Investment or Owner/User possibilities
  • TPO roof installed in 2009
  • Excellent parking ratio
  • 1,200' to I-75
Description:

3 tenant neighborhood strip center.

Located behind Wendy's and Casey's

2nd tier retail site, behind recently built Wendy's Restaurant and Casey's Good Stop

3 phase in bldg. Tenants individually metered.

KUB

Map:
Documents:
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Merchant_Village_II_Center_-_Info_Pkg.pdf
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Merchant_Village_II_Center_-_Info_Pkg.pdf
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Today's Available Mortgage Rates

5210 Schubert Rd, Knoxville, Tennessee 37912

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 04/26/2024
Bank*Lender #1049
5 Year Fixed
25 Year Amortization
Interest rate 7.29% 5 Year Fixed
Mo. Payment$7,508 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 45% LTV $0 Lender fees
Loan Amount $1,035,000 Loan Amount
Bank*Lender #734
7 Year Fixed
25 Year Amortization
Interest rate 7.35% 7 Year Fixed
Mo. Payment$7,548 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 45% LTV $1,000 Lender fees
Loan Amount $1,035,000 Loan Amount
Credit Union*Lender #639
10 Year Fixed
30 Year Amortization
Interest rate 7.45% 10 Year Fixed
Mo. Payment$7,522 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 47% LTV $0 Lender fees
Loan Amount $1,081,000 Loan Amount
Largest Commercial Real Estate Lending
Location
Gallery