Tuffy / Car X Tire & Auto, Knoxville MSA

1015 Old Cedar Bluff Rd
Knoxville, TN 37923

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INCREASES TO 9.07% IN SEPT 2013
Located in 3rd largest metro area in the state with an MSA population over 750,000
20-year NNN corporate lease with 10% rent bumps every 5 years in primary term and option periods
Neighboring retailers include Kroger, Walgreens, CVS, Starbucks, Blockbuster, Hollywood Video, Advance Auto Parts, Bruster’s, Baskin Robbins and Dollar General Market
Excellent visibility and high traffic counts in excess of 30,000 cars per day on cross streets
Strong corporate tenant with solid financials and approx 400 locations in 21 states
Over 53,200 people in a 3-mile radius of property representing more than 15% growth since 2000
Knoxville is the economic and recreational hub for the East TN region

Cap Rate:

8.25%

Price:

$1,466,200

Property Type:

NNN

Purchase Type:

For Sale

Contact:

Tyson Glasser, CCIM

(864) 263-5427