2537 Chapman Hwy
2537 Chapman Hwy, Knoxville, TN
For Sale
Retail
Street Retail
$4,390,000
Price
3.89%
Cap Rate
$170,917
NOI
Overview
Cap Rate
3.89%
NOI
$170,917
Building Size
32,622 sqft
Lot Area
6.11 acres
Year Built
1960
Description
This property is prime for redevelopment in South Knoxville along the highly traveled Chapman Highway. Just a few minutes walk from the newly developed south waterfront apartments, Kern Bakery development, and several fast food restaurants. Most of the current tenants are on short term leases. Please do not disturb current tenants. There is also a billboard lease in place.
This property sits just minutes away from downtown Knoxville and the University of Tennessee.