Prime retail location: The Property is located on the corner of the signalized intersection of Kingston Pike and North Winston Road just off Interstate 40. Surrounded by major national retailers including Trader Joe’s, Barnes & Noble, TJ Maxx, Home Goods, David’s Bridal and more, the Property is also conveniently located less than one mile away from West Town Mall, the largest enclosed shopping mall in Tennessee. Other nearby attractions include Downtown Knoxville, the Thompson-Boling Arena, The University of Tennessee at Knoxville, Parkwest Medical Center, the Cherokee Farm Innovation Campus and the renowned University of Tennessee Medical Center.
Corporate-guaranteed lease: This NN lease has minimal landlord responsibilities and comes with a corporate guarantee and fixed rent increases within the remaining lease option. No state income tax in Tennessee provides a low tax burden for the investor.
Top metropolitan “hot spot”: Ever since Knoxville hosted the World’s Fair in the early 1980s, the city has boomed both culturally and economically. In 2008, Forbes named Knoxville one of the “Top 10 Metropolitan Hot Spots in the U.S.,” and the city was listed in the magazine’s “Top 5 Hot Spots for Business and Careers,” just behind New York and Los Angeles. In 2011, Kiplinger ranked Knoxville at No. 5 on its list of “Best Value Cities” for its college sports, close proximity to the Smoky Mountains and the city’s entrepreneurial spirit.