Kingston Pike Investment Sale Comp – Denton’s

6914 Kingston Pike_Denton's

6914 Kingston Pike
Knoxville, TN 37919
Submarket: Papermill/Bearden/West Town

Photo Mar 16, 2 48 07 AM

+/-  2,695 square foot building
Land Area (SF): 31,265 SF
Land Area (AC): 0.72 AC

Frontage: 132′ on Kingston Pike
Traffic Count: 28,981 AADT
Parking spots: approx. 30
Use: Restaurant

Sale Price: $840,000
Sale Type: Investment
Price/SF: $311.69/SF
Price/Land SF: $26.87/SF
Price/Land AC: $1,166,666.67/AC
Sale Date: February 28, 2015
Recorded Buyer: B&G Property LLC
Recorded Seller: Deborah Knight and Leonard Knight
Buyer Broker: N/A
Seller Broker: N/A
Occupancy at time of sale: 100%

Sources: Knox County Register of Deeds Office, Costar, Courthouse Retrieval System, KGIS, TDOT

Information Deemed Reliable, But Not Guaranteed

Real Estate News Update

CVMR Corp. to move to Oak Ridge, create 620 jobs
Gov. Bill Haslam told a crowd of more than 200 gathered in the former Theragenics building in Oak Ridge’s Horizon Center Business Park that high-tech metal powder processing firm, CVMR Corp., is moving its global headquarters from Toronto to Roane County.   Read More

Freddie Mac Economist Expects Best Year for Housing Since ’07
A big reason for the bright outlook for the housing market is improved job prospects for those ages 25 to 34, commonly known as millennials.   Read More

15 Restaurants In Knoxville That Will Blow The Tastebuds Out Of Your Mouth
Who knew the Heart of the Valley was such a great place to dine?
Read More

A grocery chain no one talks about is becoming Whole Foods’ biggest threat
Whole Foods and Trader Joe’s are often praised for reinventing the grocery business. But Kroger is thriving in a difficult market for grocery stores.   Read More

MPC OK’s expansion for Boys & Girls Clubs
The Boys & Girls Clubs of the Tennessee Valley got Metropolitan Planning Commission approval Thursday to expand its Baxter Avenue facility, although a neighborhood resident raised some concerns.   Read More

Chick-Fil-A Is Opening Its Biggest Store Ever…In a Place It’s Never Gone Before
With 1,850 locations in 41 different states and almost a half century of operations, Chick-Fil-A has become a fixture of American fast-food. But, the Atlanta-based chain still lacks one significant accomplishment on its resume: a standalone restaurant in New York City.
Read More

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s