Retail Business for Sale in Knoxville, TN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Knoxville, TN 37932

Description

Marcus & Millichap is pleased to present The Goddard School located in Knoxville, TN. Investment Highlights: • New 20-Year Lease with 2.00 Percent Annual Increases • Ascend Learning Partners (ALP) – Plans to be the Largest Goddard Operator in the Country • Strategic Partners with Upside Growth Partners (UGP) to Fuel Expansion • Long Term Tenancy at Location – Over 96 Percent Enrolled • The Goddard School - Over 600 Locations In 38 States • Over $86,000,000 Spent on Education & Daycare in a Five-Mile Radius

Market Context

This retail in Knoxville, TN is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 68 days. Compare it against other retail listings for sale in Knoxville, TN — <a href="/search/sale/retail/tennessee/knoxville">view the full market</a>.

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