Tenant: Kohl’s | Knoxville, TN
Premises: 86,584 SF
Renewal Options: 4 x 5 Years
Lease Expiration: 01/31/2033
Lease Type: Absolute NNN
Rental Increases: 5.00% Every 5 Years
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.
In Cooperation With Sands Investment Group Tennessee, LLC – Lic. #263973 BoR: Tom Gorman – Lic. TN #370394
Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities
Kohl’s (NYSE: KSS) is a leading omnichannel retailer. With more than 1,150 stores in 49 states and the online convenience of Kohls.com and the Kohl’s App, Kohl’s offers amazing national and exclusive brands at incredible savings for families nationwide. Kohl’s is uniquely positioned to deliver against its strategy and its vision to be the most trusted retailer of choice for the active and casual lifestyle. Kohl’s is committed to progress in its diversity and inclusion pledges, and the company’s environmental, social and corporate governance (ESG) stewardship. The first Kohl’s department store opened in Brookfield, Wisconsin in 1962. Since its founding, Kohl’s has given more than $750 million to support communities nationwide, with a focus on family health and wellness. At Kohl’s, their purpose is to inspire and empower families to lead fulfilled lives. Rewarding customers is at the core of this purpose. For years, they have rewarded customers with great brands, incredible savings and an unmatched customer experience they’ll only find at Kohl’s. Kohl’s associates also deliver on this purpose by living out their values each and every day, including putting customers first, acting with integrity, building great teams, and driving results.