Cleeman Realty Group is pleased to announce the $4,300,000 sale of a free-standing retail property leased to CVS in Knoxville, Tennessee. The CVS located on a .4 acre parcel consists of a 10,125 building just north of downtown Knoxville on the signalized intersection of Broadway Street and Woodrow Drive. Nearby retailers include Dunkin Donuts, Walgreens, Harbor Freight Tools, Planet Fitness & Kroger.

"The buyer, an East Coast based REIT, was attracted to the asset despite the the upcoming CVS lease expiration due to the strong real estate fundamentals of the property including a hard, signalized corner in a growing sub-market of Knoxville” said Kaufman of the Cleeman Team.

Ceeman Realty Group is a full-service real estate advisory and investment group, specializing in the investment sales of retail, multifamily and industrial properties throughout the United States. With offices in New York and New Jersey, the Cleeman Team utilizes deeply rooted industry contacts to identify and evaluate off-market transactions with unparalleled efficiency. To sell your property or to inquire about our available acquisition opportunities, contact our team at cleeman.com

The CRG Retail Team:

Michael Cleeman, President

David Kaufman, SVP

Jacob Baruch, SVP

Zach Hering, SVP

Jeremy Scheer, Associate

Olivia Faria, Associate