Listed by Marcus & Millichap - San Diego
$4,871,000
Covenant Health Strip Center
Details
Property Type Retail, Office
Sub Type Restaurant, Storefront
Square Footage 9,805
Net Rentable (SqFt) 9,805
Units 3
Cap Rate 6.85%
NOI $333,675
Occupancy 100%
Tenancy Multi
Year Built 2017
Acreage 1.780
Ground Lease No
100% Leased | NNN Leases | Adjacent Kroger Marketplace | Affluent Area
Investment highlights
- 100% Leased to Three Tenants and Anchored by Covenant Health
- NNN Leases with Minimal Landlord Responsibilities, Brick Building
- Serving Over 80,000 Residents in Growing Trade Area and Suburb to Knoxville
- Maryville is One of the Fastest-Growing Cities in the State
- Average Household Income Exceeds $93,000 in 3 Miles and $91,000 in 5 Miles
- Excellent Visibility Along Major Commercial Artery and Accessible to 53,000 Cars/Day
- Adjacent to High-Volume Kroger Marketplace, New Food City, and Hobby Lobby
- ½ Mile to Foothills Mall Anchored by Publix, BJ’s Wholesale, Belk, AMC, TJ Maxx and Many More
- 2.5 Miles to Blount Memorial Hospital Campus with 400,000+ Visits and 3,000+ Employees
- Minutes to Denso’s $1 Billion Manufacturing Facility (5,000+ Employees), New $200 Million Amazon Facility, and New $158 Million Smith & Wesson Headquarters
- Just South of 360-Acre Springbrook Farm Master-Planned Development with 1,400+ Units/Homes, Retail Anchored by a New Costco, Office, and Hotels
- Strong Daytime Population, More Than 26,000 Employees in Primary Trade Area
- Surrounded by Several K-12 Schools with 6,000+ Students and Maryville College with 1,200+ Students
- Close Proximity to the Great Smoky Mountains National Park (15+ Million Visitors Annually)
- In the Heart of the Appalachian Region Making Maryville a Popular Tourist Destination
- Tax Free State, No State Income Tax in Tennessee
Listing Contacts
Listed by Marcus & Millichap - San Diego
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$333,675.00
$27,806.25/mo
Valuation Metrics
0
DSCR
6.85%
Cap Rate
6.85%
ROI
Map
Zoning
DISTRICT-2 CommercialSpecial CommercialBusiness And Transportation
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View all 117 uses
View all 117 uses Last updated Feb 5, 2026 For deeper zoning details, reports are available at Zoneomics
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Property History
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