Property Listing No Longer Available for Sale

3603 Western Avenue, Knoxville, TN

Retail for Sale - $1,700,000 - 10,810 Sq. Ft. on 0.83 acres


Property Info

CIMLS#1082098
Location
  3603 Western Avenue
  Knoxville TN 37921
UpdatedJanuary 13th, 2021
TypeRetail
Price$1,700,000
Building10,810 Sq. Ft.
Land0.83 acres

Property Description

Excellent performing retail center on Western Avenue very close to I-640. This center has a history of a high occupancy rate. Easy to manage and relatively low maintenance. The center is home to 13 successful tenants, some of whom have been there for many years. Price is based on an 8.3% capitalization rate.

All of the Tenants have been paying their rent on time even during this COVID-19 pandemic.


Financials