Kingston Pike - Freestanding FOR SALE


Knoxville, TN 37934
$1,549,000 USD
865-740-7471
Kingston Pike, Knoxville, TN for Sale
$1,549,000 USD
Freestanding - FOR SALE
1/15
null | Request Cap Rate

Kingston Pike
Knoxville, TN 37934


OVERVIEW

Profitable longstanding business and investment real estate opportunity in the heart of Knoxville Tennessee. High profile and highly visible site at one of West Knoxville’s busiest red-light corners, this independently owned and operated laundry and dry cleaning service is a great opportunity for an existing operator to expand current operations and market share while penetrating a proven market with strong demographics supporting this business model. Turn-key operation with all equipment tradename, signage and infrastructure in place. Please do not disturb the business. There is an NDA in place. Please contact the listing agent for showing. A staple and well known service commodity in Knoxville, originally constructed in 1946, the current owners have been operating successfully at this location since 1990. This business and real estate investment can be purchased for $1,549,000.00. Knoxville is experiencing some of the strongest demand and development for real estate it has experienced in a number of years. A host of national and proven local retailers nearby include: Costco, Walmart, Target, The Fresh market, Pinnacle 18 shopping center, Kroger Market Place, Aldi, Chase bank, Smart bank, Admiral pub, 35 North bar and Grill, McDonald’s, Taco Bell, Dairy Queen ,Planet Fitness, Gold’s Gym , Little Gym, Honeybee Coffee, Summer Moon Coffee, Starbucks, Pure Magic Carwash, Discount Tire and Costco. Please don't go to property. Contact Nina Magill via email to request a non-disclosure agreement for financials and detailed location information.

FOR SALE DETAILS

PRICE

$1,549,000 USD

PRICE/SF

$368 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

143-00113

ASK ABOUT THIS PROPERTY

Mike FullerMike Fuller Realty & CoMore Info
865-740-7471

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Mike FullerMike Fuller Realty & CoMore Info
865-740-7471

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.