Family Dollar Net-Leased
For Sale
Contact for pricing
2604 East Magnolia Avenue, Knoxville, TN 37914
Single-tenant retail asset with an NN lease and defined tenant maintenance obligations.
Property SizeContact for details
Days on Market142
Property Features for 2604 East Magnolia Avenue
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Additional Details
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Goodman Real Estate Services Group LLC
(216) 381-8200
Listed By:
Kyle Hartung · License #OH SAL.2003016343
Source:
Crexi
Added: Apr 10
Changed: Aug 29
Last Checked: Aug 29 at 1:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Goodman Real Estate Services Group LLC
Investment Insights
Based on property information with market context.
This single-tenant retail property is occupied by Family Dollar under an NN lease. The tenant has operated at the site since 2005 and recently extended the current lease term by 5 years. Lease responsibilities include HVAC repairs, maintenance, and replacement, along with parking lot maintenance, landscaping, striping, and parking lot patching up to $1,000 per year.
The property is located at 2604 East Magnolia Avenue, also identified as State Route 70, in Knoxville, Tennessee. It is 1.5 miles east of the Interstate 40 interchange and positioned between Austin East High School and Knoxville Catholic High School. Other national retailers are located along both sides of East Magnolia Avenue, providing established retail context and access to nearby neighborhoods and regional highway traffic.
The property is located at 2604 East Magnolia Avenue, also identified as State Route 70, in Knoxville, Tennessee. It is 1.5 miles east of the Interstate 40 interchange and positioned between Austin East High School and Knoxville Catholic High School. Other national retailers are located along both sides of East Magnolia Avenue, providing established retail context and access to nearby neighborhoods and regional highway traffic.
Key Highlights
- Family Dollar has occupied the property since 2005
- Current lease term was recently extended by 5 years
- NN lease assigns HVAC repairs, maintenance, and replacement to the tenant
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
521
Businesses Nearby
Explore this area
Business Placement
Demographics for 37914, TN
20,587
Population
9,861
Households
2.1
Avg Household Size
43
Median Age
24%
College-Educated
89%
High-School Grad
39.7 sq mi
ZIP Area
519
Density / Sq Mi
$55,933
Median Household Income
$36,321
Median Earnings
$988
Median Rent
$204,300
Median Home Value
Market
Vacancy Rate% for Retail in Knoxville, TN
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant retail asset with an NN lease and defined tenant maintenance obligations.
Where is this nnn property located?
The property is located at 2604 East Magnolia Avenue Knoxville, TN.
What are key features of this property?
This property features: Family Dollar has occupied the property since 2005; Current lease term was recently extended by 5 years; NN lease assigns HVAC repairs, maintenance, and replacement to the tenant
