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The Markman's Building 3010 Mall Rd South Local commercial 857 m² 100 % Loué À vendre Knoxville, TN 37924 1 670 378 € (1 948,19 €/m²) Taux de capitalisation 7,18 %



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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Outparcel to a Highly Successful Lowe’s Home Improvement within The Isiah’s Landing Shopping Center
- All Leases are on a Triple-Net (NNN) Lease Structure
- 100% Occupied to a Diverse, Internet-Resistant Tenant Roster
- Significant Growth in the Immediate Area- Numerous Housing Developments Recently Constructed
RÉSUMÉ ANALYTIQUE
Marcus & Millichap is pleased to present the opportunity to acquire a fee simple interest in The Markman Building, a 9,229 SF Lowe’s Shadow Anchored strip center situated on a 1.21 acre parcel in the rapidly growing city of Knoxville, TN.
The property is ideally located just 6 miles northeast of downtown Knoxville in the Lowe’s anchored Isaiah’s Landing Shopping Center. The Markman Building is strategically positioned directly in front of Lowe’s offering excellent visibility from I-640 (73,000 VPD). Isaiah’s Landing is also home to a strong lineup of national retailers including Cracker Barrel, Wendy’s, Sonic, Domino’s, Walgreens Pharmacy, Home Federal Bank, O’Charley’s and is adjacent The East Town Crossing anchored by The Home Depot.
The property is fully stabilized with a diverse mix of interest-resistant retailers, majority of which are medical or physical care-based tenants. All tenants are set up on a triple-net lease structure, reimbursing their pro rata share of common area maintenance, real estate taxes, and insurance expenses.
The immediate trade area has experienced robust population & job growth in recent years, supported by significant residential and commercial development. Notably The Emerald Knoxville, a 160 Luxury apartment community completed in 2025 directly next to the subject property. Amazon recently opened a new distribution center across I-640, bringing new jobs and improving daytime traffic in the area.
The property is ideally located just 6 miles northeast of downtown Knoxville in the Lowe’s anchored Isaiah’s Landing Shopping Center. The Markman Building is strategically positioned directly in front of Lowe’s offering excellent visibility from I-640 (73,000 VPD). Isaiah’s Landing is also home to a strong lineup of national retailers including Cracker Barrel, Wendy’s, Sonic, Domino’s, Walgreens Pharmacy, Home Federal Bank, O’Charley’s and is adjacent The East Town Crossing anchored by The Home Depot.
The property is fully stabilized with a diverse mix of interest-resistant retailers, majority of which are medical or physical care-based tenants. All tenants are set up on a triple-net lease structure, reimbursing their pro rata share of common area maintenance, real estate taxes, and insurance expenses.
The immediate trade area has experienced robust population & job growth in recent years, supported by significant residential and commercial development. Notably The Emerald Knoxville, a 160 Luxury apartment community completed in 2025 directly next to the subject property. Amazon recently opened a new distribution center across I-640, bringing new jobs and improving daytime traffic in the area.
INFORMATIONS SUR L’IMMEUBLE
Type de vente
Investissement
Condition de vente
1031 Exchange
Type de bien
Local commercial
Sous-type de bien
Immeuble de commerce
Surface de l’immeuble
857 m²
Classe d’immeuble
B
Année de construction
2003
Prix
1 670 378 €
Prix par m²
1 948,19 €
Taux de capitalisation
7,18 %
RNE
119 896 €
Pourcentage loué
100 %
Occupation
Multi
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,18
Surface du lot
0,49 ha
Zonage
C-H-2
Stationnement
45 places (52,48 places par 1 000 m² loué)
Façade
CARACTÉRISTIQUES
- Visibilité de l’autoroute
- Enseigne sur pylône
PRINCIPAUX COMMERCES À PROXIMITÉ
TAXES FONCIÈRES
| Numéro de parcelle | 059LG-003 | Évaluation des aménagements | 0 € |
| Évaluation du terrain | 0 € | Évaluation totale | 511 597 € |
TAXES FONCIÈRES
Numéro de parcelle
059LG-003
Évaluation du terrain
0 €
Évaluation des aménagements
0 €
Évaluation totale
511 597 €
1 sur 10
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The Markman's Building | 3010 Mall Rd South
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