Kingston Pike Retail Sale Comp – The Shops at Bearden Place

Retail Commercial Shopping Center

Recent Commercial Property Sale in Bearden

The Shops at Bearden Place

5803 – 5809 Kingston Pike
Knoxville, TN 37919
Submarket: Bearden/Papermill/West Town

Shopping Center

The Shops at Bearden Place

8,648 square feet total (two buildings)
Land Area (SF): 40,946 SF
Land Area (AC): 0.94 AC

Frontage: 200′
Traffic Count: 35,749 (2012)
Parking spots: 30
Use: Retail, Restaurant

Sale Price: $1,156,050
Sale Type: Investment
Price/SF: $133.68/SF
Price/Land SF: $28.23/SF
Price/Land AC: $1,229,852/AC
Sale Date: 2014
Recorded Buyer: Bearden Place, LLC
Recorded Seller: About Face Properties, LP
Buyer Broker: Unknown
Seller Broker: Unknown
Occupancy at time of sale: +/- 70%
Tenants: Fleenor’s Hair Design, Echo Bistro and Wine Bar, State Farm, Suzani Styles

Sources: Knox County Register of Deeds Office, Costar, Courthouse Retrieval System
Information Deemed Reliable, But Not Guaranteed

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