Kingston Pike Retail Sale Comp – Former Tweeter

Commercial Real Estate

8416 Kingston Pike
Knoxville, TN 37919
Submarket: Cedar Bluff/Walker Springs

12,285 square feet total
Land Area (SF): 42,327 SF
Land Area (AC): 0.97 AC

Frontage: 163′
Traffic Count: 29,590 (2009)
Parking spots: 15
Use: Free standing retail

Sale Price: $1,580,000
Sale Type: Owner/Occupied
Price/SF: $128.61/SF
Price/Land SF: $37.33/SF
Price/Land AC: $1,628,865/AC
Sale Date: February 13, 2014
Recorded Buyer: 3001 Bristol Highway, LLC d/b/a Smartway Rentals
Recorded Seller: Morgan Schubert Jr., co-trustee; John Schubert, co-trustee, Reese Thomas, co-trustee, James Nixon II, co-trustee, David Fiser, John Osborne, co-trustee and Caroline Osborne
Buyer Broker: Unknown
Seller Broker: Unknown
Occupancy at time of sale: +/- 0%

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

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