Point Blank Range & Gun Shop
Single-Tenant Offerings
Point Blank Range & Gun Shop
600 Corporate Point Way
Knoxville, TN
- Price:
- $3,458,700
- Cap Rate:
- 7.00%
- NOI:
- $242,109
- Rentable SQFT:
- 14,933
- Year Built:
- 2017
- Lot Size:
- 2.221 +/- Acres
- Lease Type:
- Absolute NNN
- Type of Ownership:
- Private
- Status:
- Under Contract
Investment Highlights
- 15-Year Absolute NNN Lease, 5% Increases Every 5 Years
- Brand New 2017 Construction
- Industry Leader in Firearm Sales, Training, and Education
- Corporate Guaranty, 19 Locations and Rapidly Expanding
- Gross Revenue Projected to Double Year-Over-Year
- 15 Miles West of Downtown Knoxville
- 148,348 Residents in Growing Trade Area
- Average Household Income Exceeds $107,000 within 3 and 5 Miles
- Just Off I-40 with 149,150 Cars/Day, Direct Access to Downtown Knoxville
- Adjacent to Tennessee’s Innovation/Technology Corridor on 7,000 Acres with 4.7+ Million SF of Technology, Office, and Retail Space
- Just West of Century Park, a New 200,000 SF Class-A Office Development with 6 Fortune 500 Companies on 80 Acres
- Nearby Oak Ridge National Laboratory Headquarters with 4,600 Employees
- Across from Turkey Creek, a $500 Million Regional Retail/Medical/Office Development and Retail Hub for Knoxville’s MSA
- Minutes to the University of Knoxville (28,321 Students) and Pellissippi State Community College (11,571 Students)
- Close Proximity to Great Smoky Mountains National Park with 9+ Million Visitors/Year
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