2634 Magnolia Ave Knoxville, TN 37914-5315
- Strip malls
- 9,984 SF
- 0.42 lot acres
Current Use by Public Records
- Strip malls
Property Details for 2634 Magnolia Ave
- Year built
- 1950
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.42 lot acres
- Property size
- 9,984 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 082KB005
- APU
- 082KB005
Description
This 2,250 square foot retail space is located at 2634 E Magnolia Ave, Knoxville, TN 37914, an end-cap unit on Magnolia Avenue near Cherry Street. The property boasts a rectangular layout, ideal for various retail uses. It includes one small bathroom and a small back office featuring a partially exposed steel ceiling. The space is zoned C-G-2, General Commercial, and is part of a larger 14,882 square foot building with the possibility of additional space becoming available. The property benefits from its proximity to the new baseball stadium and the associated ongoing development, contributing to a high level of foot traffic. The average annual daily traffic count (AADT) in 2022 was 11,626. Utilities are a mix of shared and tenant-responsible: water is split between three spaces, while electricity is in the tenant's name and serviced by KUB. The lease is a NNN lease with a current asking rent of $1.06 per square foot. All information provided is believed to be accurate but is not guaranteed
Value Estimations
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Knoxville
- County
- Knox
- State
- Tennessee
- Longitude
- -83.8925
- Latitude
- 35.9876
- CBSA code
- 28940
- CBSA name
- KNOXVILLE, TN METROPOLITAN STATISTICAL AREA
