Cleeman Realty Group is pleased to announce the $8,400,000 off-market sale of a free-standing Kohl’s in Knoxville, Tennessee. The 86,900 SF building is located at 5312 Washington Pike and sits on a 32 +/- acre lot.
Cleeman Realty Group represented the seller in the off-market transaction.
“The buyer was looking to add to an existing net lease portfolio of credit tenants achieving higher yields with shorter lease terms” said Cleeman.
Cleeman 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. 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, please contact one of our team members at www.cleeman.com