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Investment Details

Price: $2,709,500 Location: Knoxville , TN
Cap Rate: 9.00% Lease Type: Leasehold Estate
NOI: $243,855 Lease Expiration: November 2034
Demographic Information (5-Mile Radius)
2020 Population: 132,374
2025 Population: 139,339
2020 Average Household Income: $101,844
2020 Median Household Income: $76,485
Contact
Keith Sturm, CCIM
keith@upland.com
612.376.4488
Deborah Vannelli, CCIM
deb@upland.com
612.376.4475

DULUTH TRADING COMPANY

Knoxville | Tennessee
Highlights
• This Duluth Trading Co. property has 14 year leasehold estate with three 5-year renewal options.
• Leasehold ownership which allows for 100% depreciation.
• This is a Corporate lease with Duluth Holdings, Inc. which operates 65 stores.
• Easy acessibilty from Interstate-75 with over 201,738 vehicles per day.
• U.S news ranked Knoxville, TN 46th on the list of Best Places to Live.
• Located over just 2 miles from Parkwest Medical Center.

DULUTH TRADING COMPANY

Knoxville | Tennessee

Highlights
• This Duluth Trading Co. property has 14 year leasehold estate with three 5-year renewal options.
• Leasehold ownership which allows for 100% depreciation.
• This is a Corporate lease with Duluth Holdings, Inc. which operates 65 stores.
• Easy acessibilty from Interstate-75 with over 201,738 vehicles per day.
• U.S news ranked Knoxville, TN 46th on the list of Best Places to Live.
• Located over just 2 miles from Parkwest Medical Center.

Investment Details

Price: $2,709,500
Location: Knoxville , TN
Cap Rate: 9.00%
Lease Type: Leasehold Estate
NOI: $243,855
Lease Expiration: November 2034
Demographic Information (5-Mile Radius)
2020 Population: 132,374
2025 Population: 139,339
2020 Average Household Income: $101,844
2020 Median Household Income: $76,485
Contact
Keith Sturm, CCIM
keith@upland.com
612.376.4488
Deborah Vannelli, CCIM
deb@upland.com
612.376.4475

©2015 Upland Real Estate Group, Inc. All rights reserved. Upland Real Estate Group, Inc.
50 South 6th Street | Suite 1418
Minneapolis | MN | 55402
Main: 612.332.6600 | Fax: 612.376.4489
©2015 Upland Real Estate Group, Inc. All rights reserved.
Upland Real Estate Group, Inc.
50 South 6th Street | Suite 1418
Minneapolis | MN | 55402
Main: 612.332.6600 | Fax: 612.376.4489