www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
28829247
28829271

7833 Kingston Pike, Knoxville, TN 37919

TS
TN TN 370826
Matthews
CS
TN 361676, TX 693140
Matthews
CL
TN 386440
Matthews
Listed by Matthews
$2,800,000
192 days on market
Updated 3 days ago

The Vitamin Shoppe - Knoxville, TN

Details
Property Type Retail
Sub Type Pharmacy/Drug, Storefront
Square Footage 3,500
Units 1
Cap Rate 6.25%
NOI $175,000
Occupancy 100%
Tenancy Single
Brand/Tenant Walgreens, CVS Pharmacy (+2)
Lease Type NN+
Lease Expiration 08/30/2030
Remaining Term 4.2
Rent Bumps Yes
Lease Options Two, 5-Years
Year Built 2007
Acreage 0.500
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 12/17/2006

Trophy Location Across from TN's #1 Most Trafficked Mall | 12% Increases Every 5 Years

Investment highlights

  • Premier Retail Location Adjacent to Tennessee’s #1 Highest-Traffic Mall — strategically positioned in one of the Southeast’s most dynamic retail submarkets, directly adjacent to West Town Mall, the top-trafficked mall in Tennessee & the most concentrated retail node in East Tennessee.

  • 12% Structured Rent Escalations — the lease includes 12% rental increases every five years, providing built-in growth & predictable cash flow over the investment horizon.

  • Affluent Surrounding Demographics — the property benefits from strong consumer spending power, with an average household income exceeding $129,362 within a five-mile radius.

  • Strong Population Growth Market — located in Knox County, one of Tennessee’s fastest-growing counties, which has experienced a 20.55% population increase since 2010.

  • Positioned in the Densest Retail Corridor in East Tennessee — surrounded by over 5.2 million square feet of retail within a two-mile radius, offering exceptional visibility & synergy with national tenants.

  • Proximity to Major University — approximately five miles from the University of Tennessee, the state’s largest university with over 38,000 students & significant post-pandemic enrollment growth.

  • Demonstrated Tenant Commitment — the tenant has exercised multiple renewal options, indicating strong historical performance & long-term viability at this location.

  • Institutional-Backed Corporate Guarantee — lease guaranteed by The Vitamin Shoppe, a subsidiary of Kingswood Capital Management, a private equity firm managing over $3 billion in assets.

  • Landlord-Favorable NN Lease — double net (NN) lease structure with tenant responsible for taxes, insurance, & common area maintenance (CAM), minimizing landlord obligations.

  • Surrounded by National & Regional Retailers — immediate proximity to major retailers including Target, Trader Joe’s, Whole Foods Market, Walmart Supercenter, T.J. Maxx, Ross, Kohl’s, & multiple QSR brands including Raising Cane’s & Chick-Fil-A which reinforces the location’s regional retail significance.

Listing Contacts

TS
TN TN 370826
Matthews
CS
TN 361676, TX 693140
Matthews
CL
TN 386440
Matthews
Listed by Matthews

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$175,000.00
$14,583.33/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Hutt Cooke
License
356505, 263667 (TN)
Brokerage
Matthews Real Estate Investment Services, Inc
Brokerage Phone
866.889.0550
Title
Broker of Record
Brokerage Address
1600 West End Ave, Ste. 1500 Nashville, TN 37203
Name
Tanner Sanford
License
TN 370826
Brokerage Phone
8654190016
Name
Cooper Lee
License
386440
Brokerage
Matthews
Brokerage Phone
866-889-0550
Brokerage Address
1600 West End Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591