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Property profile & analytics
FOR LEASE
Community centers

3501 West Emory Rd Powell, TN 37849

91,751 SF 9.69 ac lot Built 1979
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US80-1919848
Property summary
AI-generated overview

This thriving 95,591 square foot neighborhood shopping center in Knox County offers a 6,000 square foot retail space for lease. Benefit from excellent street visibility from Clinton Highway and W Emory Road, ensuring high traffic and customer exposure. The center boasts ample on-site parking for both tenants and customers, enhancing convenience and accessibility. This property features a strong tenant mix, including established businesses such as Karm Thrift Store, One Life Church, The Wheeler Academy, Workout Anytime, and Little Caesar's, creating a vibrant and successful retail environment. The available space presents a unique opportunity for a business seeking high visibility and a proven location within a well-established shopping center. The existing tenants provide a diverse customer base, creating a synergistic environment for new businesses. This is an ideal location for a variety of retail uses, offering a chance to establish a presence in a busy and growing area of Knox County. The 6,000 square foot space is ready for immediate occupancy and offers significant potential for growth and success. Contact us today to learn more about this exceptional leasing opportunity.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1979
Construction LIGHT FRAME
Total area 91,751 SF
Lot 9.69 ac (422,096 SF)
APN 067AB003
UPID US80-1919848
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Coinstar Bank Credit Union
  • KARM Stores Discount Store
  • Steven Walker Pharmacy
  • Ronald K. Gray, PharmD Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.55M
Blend (final) Blend
$5.55M
Owner & transaction history
Powell Place Main Street LLC · 7 yrs held
Powell Place Main Street LLC
since 2019
7 recorded transactions
2019
Price N/A
2019
$6.6M
2005
$3.5M
2005
Price N/A
2002
Price N/A
1999
$270,000
1997
$3.3M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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