Covenant Health Strip Center | 100% Leased | Adjacent… — Sale in Maryville (Knoxville Msa), TN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Maryville (Knoxville Msa), TN 37801
  • Year built: 2001

Photos

Covenant Health Strip Center | 100% Leased | Adjacent… — Sale in Maryville (Knoxville Msa), TN, photo 1 of 5
Covenant Health Strip Center | 100% Leased | Adjacent… — Sale in Maryville (Knoxville Msa), TN, photo 2 of 5
Covenant Health Strip Center | 100% Leased | Adjacent… — Sale in Maryville (Knoxville Msa), TN, photo 3 of 5
Covenant Health Strip Center | 100% Leased | Adjacent… — Sale in Maryville (Knoxville Msa), TN, photo 4 of 5
Covenant Health Strip Center | 100% Leased | Adjacent… — Sale in Maryville (Knoxville Msa), TN, photo 5 of 5

Investment Figures

Cap rate
6.85%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present the Covenant Health Medical Center in Maryville, TN. Investment Highlights: • 100% Leased to Three Tenants and Anchored by Covenant Health • NNN Leases with Minimal Landlord Responsibilities, Brick Building • Serving Over 80,000 Residents in Growing Trade Area and Suburb to Knoxville • Maryville is One of the Fastest-Growing Cities in the State • Average Household Income Exceeds $93,000 in 3 Miles and $91,000 in 5 Miles • Excellent Visibility Along Major Commercial Artery and Accessible to 53,000 Cars/Day • Adjacent to High-Volume Kroger Marketplace, New Food City, and Hobby Lobby • ½ Mile to Foothills Mall Anchored by Publix, BJ's Wholesale, Belk, AMC, TJ Maxx and Many More

Market Context

This retail in Maryville (Knoxville Msa), TN is listed for sale. It is offered at an approximate 6.8% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 2001. Compare it against other retail listings for sale in Maryville (Knoxville Msa), TN — view the full market.

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