Kohl's Absolute NNN Asset

Kohl’s | Knoxville, TN


Sands Investment Group is Pleased to Exclusively Offer For Sale the 86,584 SF Kohl’s Absolute NNN Asset Located at 5312 Washington Pike in Knoxville, Tennessee. Kohl’s Has Recently Extended its Lease, Demonstrating its Commitment to the Location. This Deal Includes a Corporate Guaranteed Absolute Triple Net (NNN) Investment With 9+ Years Remaining on the Lease and Zero Landlord Responsibilities, Providing For a Secured Investment.

  • Corporate Guaranteed Absolute Triple Net (NNN) Investment With 9+ Years Remaining on the Lease
  • Kohl’s Recently Extended its Lease, Demonstrating its Commitment to the Location
  • Cell Tower Located on the Property That is Paying $29,504 Annually With 3% Annual Increases**
  • Property Sits on a 32.655 Acre Parcel With Over 500 Parking Spots
  • Located 15 Minutes From the University of Tennessee and Downtown Knoxville
  • Population of Over 110,000 Within a 5-Mile Radius of the Property
  • Sephora Will Be Opening a Retail Store Within the Subject Property
  • Nearby Tenants Include: Target, Marshalls, Ross Dress for Less, Amazon Fulfillment Center, Mattress Firm, Walmart, Sam’s Club, Applebee’s, Texas Roadhouse, Home Depot and Lowe’s

In Cooperation With Sands Investment Group Tennessee, LLC – Lic. #263973 BoR: Tom Gorman – Lic. TN #370394

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nnn corporate backed

Zips Car Wash | Knoxville, TN


Sands Investment Group is Pleased to Present Exclusively the NNN Corporate Backed Lease Investment Opportunity Located at 5615 Kingston Pike in Knoxville, Tennessee.

  • Long Term 17 Year Triple Net (NNN) Corporate Backed Lease
  • Zero Landlord Responsibilities
  • High Visibility on Prominent Retail Corridor With Multiple Points of Entry and a High Traffic Count of Over 44,955 VPD
  • Excellent Demographics With a Population of 45,821 Residents Making an Average Household Income of $76,554 Within a 3-Mile Radius
  • Located 4-Miles From the University of Tennessee College Campus, Medical Center and Research Park; The College Serves Over 25,000 Students and Staff
  • Minutes From West Town Mall With National Tenants Including: PetSmart, Kohl’s, Bed Bath & Beyond, JCPenney, Dillard’s, Belk and Several Restaurants
  • Situated Less Than 1-Mile From I-75 and I-40 Which Sees Over 141,500 VPD
  • Property is Adjacent to the Bearden Elementary School (374 Students) and Knoxville Adaptive Education Facility (90 Students)
  • Less Than 1-Mile to the Cherokee Country Club; Founded in 1907, it Provides Its Members With an 18-Hole Golf Course, Tennis, Fitness and Many Dining Options
  • Knoxville is the Third Largest City in Tennessee and is Home to the University of Tennessee, TN Valley Authority, TN Supreme Courthouse; It is Also Known For Being One of the Gateways to the Great Smoky Mountain National Park in the Appalachian Region
  • Nearby Tenants Include: Talbots, Sherwin-Williams, Sonic, Firestone, Food City, ALDI, Walgreens, Burger King, Twin Peaks, Krispy Kreme and Whole Foods

In Cooperation With Sands Investment Group Tennessee, LLC
BoR: Kaveh Ebrahimi – Lic. #263973

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Long John Silver’s

 

  • Strong Guarantor With 106 Locations
  • Rent to Sales Ratio of 6.15%
  • Great Inflation Hedge with CPI Increases
  • Low Rent Per Square Foot of $17.49
  • Store sales Exceed the National Average
  • Excellent Visibility
  • One of the Fastest Growing Submarketsin Tennessee
  • Tennessee is an Income Tax Free State
  • Surrounded by National Retailers Including Big Lots, McDonalds, Walgreens, CVS and More
  • High Traffic Counts of 43,840 VPD Along N Broadway NE