Property summary
This exceptional investment opportunity presents a 86,584 square foot Kohl's department store located at 5312 Washington Pike, Knoxville, Tennessee, 37918. The property sits on a substantial 32.6-acre lot and boasts over 500 parking spaces. The absolute NNN lease with Kohl's, a creditworthy corporate tenant, provides significant security and minimal landlord responsibilities. With a remaining lease term of approximately 8.2 years (expiring January 31, 2033), and a current annual net… operating income (NOI) of $606,300, this offering presents a compelling 6.65% cap rate. The lease features 5% rent bumps every five years, ensuring consistent income growth. The lease commenced March 16, 1998, and was recently extended, demonstrating the tenant's long-term commitment to this location. The property's strategic location is approximately 15 minutes from the University of Tennessee and downtown Knoxville, serving a population exceeding 114,000 within a 5-mile radius. Further enhancing the investment potential, a cell tower on the property generates an additional $31,300 annually, with 3% annual increases. The property also benefits from strong co-tenancy, including Target, Marshalls, Ross Dress for Less, an Amazon Fulfillment Center, and other major retailers. A Sephora store is slated to open within the property, further strengthening its appeal. This is a rare opportunity to acquire a high-performing, net-leased retail asset with a strong tenant and significant upside potential. The asking price is $9,117,000, representing a price per square foot of $105.30.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Price sensitivity
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
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