7804 Montvue Center Way Knoxville, TN 37919

Property Details for 7804 Montvue Center Way

Year built

1972

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.39 lot acres

Property size

4,200 SF

Property type

Turn key restaurants

APN

120JB00802

APU

120JB00802

Description

This exceptional investment opportunity presents two fully leased retail spaces totaling 10,800 square feet within the bustling Montvue Center in Knoxville, Tennessee. Situated on a 0.59-acre lot at 7804 & 7808 Montvue Center Way (APN: 120JB00802), this property boasts excellent visibility on Montvue Road, enjoying a prime location on the west side of West Town Mall. The property consists of two single-story buildings, originally constructed in 1972 and extensively renovated in 2018, ensuring modern functionality and appeal. Currently operating with a stable tenant mix, this investment offers a compelling 6.00% capitalization rate, with an asking price of $3,300,000 ($305.56 per square foot). The property's strong performance and desirable location make it an attractive prospect for discerning investors. An added benefit is the option to acquire the established Big Kahuna Wings franchise located at 7804 Montvue Center Way. This turnkey opportunity provides immediate cash flow and potential for future growth within a thriving commercial center. The property's solid history, coupled with its strategic location and current occupancy, positions it for continued success and strong returns. This is a rare chance to secure a high-performing retail asset in a desirable Knoxville market.

Location Insight

City

Knoxville

County

Knox

State

Tennessee

Longitude

-84.0421

Latitude

35.9253

CBSA code

28940

CBSA name

KNOXVILLE, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments