Black Oak Plaza

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Black Oak Plaza

6909 Maynardville Pike Knoxville TN Knox County

Sales Price: $6,100,000

Contact Person(s): Daniel Kukes
Kevin Baker
Scott Sonenberg

Description:

VALUE-ADD OPPORTUNITY

  • New owner will be able to add value through leasing the Kmart box and the vacant units.

OPPORTUNITY TO RAISE RENTS

  • Market void analysis indicates a variety of national retailers and alternative uses absent from the market. Competitive space in the market for retailers is relatively weak as the center out-positions competing centers.

Building Size: 143,534 SF

Lot Size: 11.80 AC

Demographic Info:

Population Density: 4,615 38,837 90,662
Avg. HH Income: $64,496 $73,638 $64,816
Daytime Population: 1,771 16,177 38,813

LANDMARK INVESTMENT SALES – Licensed Real Estate Brokers. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates are used for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction, the suitability of the property for your needs.