Retail Shopping Center Investment
$8,000,000
314 Merchant Drive, Knoxville, TN 37912
For Sale
Retail
Street Retail
Active
Last Updated: 11/03/2022
97,000 sqft
Building Size
10.33 acres
Lot Area
Details:
Building Size: 97,000 sqft
Lot Area: 10.33 acres
Occupancy: 85%
Units: 13
Year Built: 1977
Floors: 1
Highlights:
- 6.9% cap rate with existing income (85% occupancy)
- 14,600 SF available for lease
- Outparcel can be created
- Value-Add Opportunity
- Below market leases
- Abundant parking (418 marked spaces)
- Restaurants, Hotels, Fuel Centers are very convenient
- On the KTrans Bus Line
Description:
97,000 SF shopping center on 10.33 acres
Intersection of I-75 and Merchant Drive
Documents:
| Title | ||
|---|---|---|
| CA_Merchant_Village.pdf | ||
| Offering_Memorandum_-_Merchant_Village__1_.pdf |
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
