3600 Western Ave Knoxville, TN

Listing office Keller Williams West Knoxville s***@gprknoxville.com Show Phone

Listing date Nov 24, 2025

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Investment Insights

Based on property information with market context.

This commercial property, situated approximately 1/2 mile east of I-640, features a nicely renovated retail space with 70% occupancy. The property benefits from a location in the heart of the Knoxville MSA area, ensuring high visibility and exposure to significant traffic volume, with a 2023 ADT of 19,370. The current tenant, Knoxville Liquor, pays $5550 per month and has 9.5 years remaining on their lease, which includes two built-in rent increases. The property is zoned C-G-1. The property has 7.1 CAP on current income and 9.5 CAP on proforma. The available 2000 square feet is suitable for an owner occupant seeking income from the existing tenant to offset mortgage costs. The property includes ample parking. The total property size is 7029 square feet.

Key Highlights

• High traffic location with 19,370 ADT (2023) ensuring excellent visibility.
• Strong income potential with a 7.1 CAP rate on current income and 9.5 CAP on proforma.
• Existing tenant (Knoxville Liquor) provides $5550/month income with 9.5 years remaining on lease and built‑in rent increases.

Property Analytics

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FAQs

What type of property is this?

Retail space - Retail property with high traffic and income potential.

Where is this retail space located?

The property is located at 3600 Western Ave Knoxville, TN.

What are key features of this property?

This property features: High traffic location with 19,370 ADT (2023) ensuring excellent visibility.; Strong income potential with a 7.1 CAP rate on current income and 9.5 CAP on proforma.; Existing tenant (Knoxville Liquor) provides $5550/month income with 9.5 years remaining on lease and built‑in rent increases.