Shops at Montvue Place — Sale in Knoxville, TN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Knoxville, TN 37919
  • Year built: 1972

Photos

Shops at Montvue Place — Sale in Knoxville, TN, photo 1 of 3
Shops at Montvue Place — Sale in Knoxville, TN, photo 2 of 3
Shops at Montvue Place — Sale in Knoxville, TN, photo 3 of 3

Investment Figures

Cap rate
7.25%

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

Well located, attractive building with two established NNN tenants, Anytime Fitness and Big Kahuna Wings. Investment Highlights: • Located On the Main Retail Corridor, Surrounded by Major Retailers and Adjacent to the Newly Renovated West Town Mall, the Largest Mall in Tennessee at Over 1.3 Million Square Feet • Easily Accessible from I-40 with Traffic Counts of Over 178,000 VPD • Anytime Fitness is Operated by a Seasoned Franchisee with Over 60 Locations Nationwide • Each Tenant is on a Separate Parcel, Contiguous with Back Nine, a National Indoor Golf Concept with 200+ Locations • Average Household Income of Over $114,000

Market Context

This retail in Knoxville, TN is listed for sale. It is offered at an approximate 7.2% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 1972. Compare it against other retail listings for sale in Knoxville, TN — view the full market.

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