Turkey Creek NNN Retail

For Sale$4,800,000

10911 Turkey Drive, Knoxville, TN 37934

  • Retail
  • 16,324 Sqft

Turkey Creek NNN Retail, Knoxville, TN 37934 - Retail Space

Turkey Creek NNN Retail is located at 10911 Turkey Drive in the Turkey Creek neighborhood, TN, Knoxville, 37934. The Class A Retail building was completed in 2004 and features a total of 16,324 Sqft.

There are 4 retail spaces for lease in the Turkey Creek neighborhood, totaling 28,324 Sqft of available retail space. The retail space availability for the 37934 zip code is 28,324 Sqft, in 4 retail spaces.

In Turkey Creek, there is 1 class A retail building. In 2004, the same year Turkey Creek NNN Retail was built, 3 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Knoxville, featuring 235,790 square feet of commercial space.

Details

  • Sale Price $4,800,000
  • City Knoxville
  • Neighborhood Turkey Creek
  • Zip Code 37934
  • Property Type Retail
  • Property Size 16,324 Sqft
  • Lot Size 2.2 Acre
  • Parking Spaces Avail. 145
  • Parking Ratio 8.88/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 2004
  • Date Updated 28 Oct, 2020

Description

Rare "Fee Simple" Offering for Restaurant/ Office Space/ Vacant Retail Space.  7,000 SF Restaurant has been occupied since 2004 with Corporate Office located in 2,949 SF Space. Former Retail Space 6,375 SF Vacant. Value Add opportunity.

5.78% CAP Rate (calculated on existing revenue).

NOI $277,448

Do Not Disturb Existing Tenant.

FREQUENTLY ASKED QUESTIONS

What is the total square footage of Turkey Creek NNN Retail?

Turkey Creek NNN Retail totals 16,324 square feet.

When was this property built?

Turkey Creek NNN Retail was built in 2004.

Turkey Creek Demographics

The average household income in zip code 37934 is $124,406, from a total of 9,788 households. In terms of employment, there are 92.54 % white-collar and 7.46 % blue-collar jobs in zip code 37934.

Population

  • Total Population26,195
  • Male Population(47.9 %) 12,549
  • Female Population(52.1 %) 13,646
  • Median Age44.70

Income/Financial

  • Average Household Income$124,406
  • Median Household Income$99,182
  • Median Income 25-44$104,148
  • Median Income 45-64$130,357
  • Median Income Over 65$64,223

Commercial Brokers Register now to add listings

Ed Thompson

SIG Real Estate

(865) 777-0000

Keith Widmer

SIG Real Estate

(865) 777-0000