Permanent Loan - Acquisition
- 10,100 sf Free Standing Drug Store
- Knoxville, TN
Axiom Capital Corporation announces the closing of a $3,650,000 permanent loan for the purchase of a 10,100 SF free standing building occupied by CVS in Knoxville, TN. The subject property is well-positioned on State Highway 71/U.S. Highway 441 benefits from its proximity to large residential centers and major traffic routes. The traffic count on 441 in front of the property is an average of 43,800 vehicles per day. The Site is in a dense retail corridor, across from a grocery anchored shopping center with tenants including Food City, Harbor Freight Tools, Big Lots, and Planet Fitness. Other national/credit retailers in the area include Party City, Advance Auto Parts, McDonald’s and more which further increases consumer traffic and crossover shopping in the area.