250 East Emory Road, Powell, TN 37849

Zebra Capital and Bang Realty are proud to exclusively present for sale single-tenant, net leased PetSmart investment property located in Knoxville, TN. The property consists of 18,134 SF building, sitting on a 3.43 Acres parcel, built in 2018 and located within a Kroger Grocery anchored shopping center (owned and operated by Kroger itself).

The property is positioned at the first intersection from Interstate 75, exit 112, a major Knoxville artery seeing over 66,000 Vehicles per day. This Interchange is currently undergoing major re-construction where Tennessee Department of Transportation (TDOT) is constructing a Diverging Diamond Interchange (DDI), designed to allow traffic crossing to the left side of the road, enabling high volumes of traffic through the interchange.

This PetSmart location is receiving an increased volume of shoppers thanks to its neighbor, Kroger, which ranks as the busiest stores in the state, bringing extensive visibility to the property. PetSmart is also benefiting from low to no competition in the immediate trade area, with the nearest competitor being 8.7 miles away from them, enabling this PetSmart to serve over 100,000 people living within 5 miles radius.

After 8 years of operating at this location, PetSmart has confirmed its successful position in the trade area, and extended its lease for additional 12 years, including three 5 year renewal options, giving them a total of 27 years available for this location.