Department Store
Kohl's | Corporate Guarantee (NYSE: KSS) | 27+ Year Occupancy History | 10-Year Extension in 2023
5312 Washington Pike, Knoxville, TN 37918
Listing Price: $7,667,000
Cap Rate
7.50%
Tenant Name
Kohl's, Inc.
Years Remaining On Lease
7.7
Guarantor
Corporate Guarantee
Rentable SF
86,584
Lease Type
Absolute Net
Rent Per Square Feet
$6.64
Investment Overview
Marcus & Millichap is pleased to present a Kohl's located in Knoxville, TN.
Kohl's | Corporate Guarantee (NYSE: KSS) | 27+ Year Occupancy History | 10-Year Extension in 2023
Investment Highlights
- Corporate Guarantee (NYSE: KSS)
- 27+ Year Occupancy History with Continued Commitment to Site
- Absolute NNN Lease with Scheduled Rental Increases
- Well-Below Market Rent and Priced Below Replacement
- 8-Miles from Downtown Knoxville and the University of Tennessee – 301K+ People in 10-Miles
- Dense Trade Area with Strong Traffic Drivers
Exclusively Listed By
Broker of Record
Financing By
Department Store
Kohl's | Corporate Guarantee (NYSE: KSS) | 27+ Year Occupancy History | 10-Year Extension in 2023
Listing Price: $7,667,000
Cap Rate
7.50%
Tenant Name
Kohl's, Inc.
Years Remaining On Lease
7.7
Guarantor
Corporate Guarantee
Rentable SF
86,584
Lease Type
Absolute Net
Rent Per Square Feet
$6.64
Investment Highlights
- Corporate Guarantee (NYSE: KSS)
- 27+ Year Occupancy History with Continued Commitment to Site
- Absolute NNN Lease with Scheduled Rental Increases
- Well-Below Market Rent and Priced Below Replacement
- 8-Miles from Downtown Knoxville and the University of Tennessee – 301K+ People in 10-Miles
- Dense Trade Area with Strong Traffic Drivers
Investment Overview
Marcus & Millichap is pleased to present a Kohl's located in Knoxville, TN.
Exclusively Listed By
Broker of Record
Financing By
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