4501 Chapman Hwy, KNOXVILLE, TN 37920
Commercial property for sale
Added: 03/24/2012
Last Update: 06/28/2012
4501 Chapman Hwy
KNOXVILLE, TN
37920 US
Description
This highly visible stand-alone building is located at the corner of the entrance to Chapman Square, a Kroger-anchored retail center. It has direct access onto Chapman Highway and is also served by a traffic signal light. The current local tenant occupies the building as a Verizon Wireless Authorized Retailer. Approximately three years remain on a five-year lease, with one 5-year renewal option. The lease is a modified net (NN) lease, with the tenant responsible for base rent, utilities, property taxes, property insurance and some repairs. The landlord is responsible for repair of foundations, exterior walls, drain spouts, gutters, and roof. Building price details: $650,000.
Property Details
- Type: Retail
- Status: Available
- Year Built: 1986
- Buildings: 1
Exterior Features
- Parking: Yes
- Parking Spaces: 26
- Parking Type: Surface