31,948 Square Foot Retail Space For Sale @ 10928 Hardin Valley Rd
10928 Hardin Valley Rd, Knoxville, TN 37932
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Roger M.
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First time on the market 100% leased retail center in the heart of Hardin Valley with a great tenant mix and location. Across from Pellissippi State and anchored by King University high-end retail center with lots of parking.
Sales Info:
■ Cap rate: 8.3%
■ Commision split: 2.5%
■ NOI: $553,928
Location Description:
Hardin Valley, TN is located in the Northwest Sector of Knox County. There is immense opportunity for retail and commercial development. The Village at Hardin Valley is located across from Pellissippi State Community College and down the street from various offices and residential developments. Additionally, Hardin Valley Elementary School and the Middle and High School a is short distance from the development.
Highlights:
■ Fully leased retail center with good long term NNN tenants, annual rent escalations and excellent mix and no turnover.
■ Half mile from Pellissippi and across form Pellissippi State Community College and 2 miles form Hardin Valley Middle and High Schools.
■ King University has been a tenant expanding four times starting in 2009.
■ Beautifully landscaped and impressive setting along Hardin Valley Road.
■ 2.3 acres in front of the development, must be included to provide for King University possible expansion and priced separately.
Pricing: $6,600,000
Availability: Now
Listing ID: 679311
Sale Price: $6,600,000
Size: 31,948 square feet
Type: Retail Space
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