Cumberland Avenue Retail 2121 Cumberland Avenue Knoxville, TN 37916

Contacts: Greenbrier Real Estate Advisors Josiah Glafenhein Caleb Glafenhein 2099 Thunderhead Rd. Suite 204 (865) 206-0180 (865) 356-5526 Knoxville, TN 37922 [email protected] [email protected] www.greenbrier-rea.com Property Summary

Property Details Traffic Counts Name Cumberland Ave. Retail Cumberland Avenue 37,390 ADT (West); 24,250 ADT (East) Address 2121 Cumberland Avenue 22nd Street 7,261 ADT Knoxville, TN 37916 Lot Size 0.34 +/- Acres Building Size 7,240 SF Map Available Space 3,203 SF +/- Lease Price $19.50 PSF NNN Sale Price $2,150,000.00 Demographic Snapshot 1 Mile 3 Mile 5 Mile Population 14,825 71,861 144,544 Average Household Income $28,029 $42,975 $49,811 SITE Market Overview • Property located on the SW end of the “strip” on Cumberland Avenue at The (28,321 enrollment) • Existing tenants include: Insomnia Cookies & Oscar’s Taco Shop • Explosive growth along Cumberland Avenue with private multi- family projects opening or under constrcution • Newly completed Cumberland Avenue improvements have increased pedestrian foot traffic • Daytime population of 201,165 within 5 mile radius Regional Map

Knoxville, Tennessee (MSA)

SUBJECT SITE Market Aerial

Knoxville, Tennessee

Sysco Knoxville

Central Street

Pellissippi State

Community College Broadway Street Broadway

Vine Middle School (336)

Western Avenue

Downtown Fort Sanders

Middlebrook Pike Medical Center

17th Street World’s Fair Park Gay Street

Site Henley Street (2121 Cumberland Ave.) 24,250 ADT

Pellissippi Tennessee College Neyland Cumberland Avenue Stadium State of Applied Technology Community 37,390 ADT College 11,087 ADT The University of Tennessee Reily

Tennessee River

Alcoa Highway 50,867 ADT 14,579 ADT West High School (1,355) Neyland Drive

UT Medical Mid Aerial

World’s Fair Park Knoxville, TN

Henley Street Fort Sanders The University of Tennessee Medical Center 17th Street

22nd Street

Site 24,250 ADT (2121 Cumberland Ave.)

7,261 ADT

Cumberland Avenue Neyland Stadium

37,390 ADT The University of Tennessee

Volunteer Boulevard

Kingston Pike

Tom Black Thomson-Boling Track Arena

11,989 ADT

Tennessee River

Lindsey Nelson Tennessee River

50,867 ADT Stadium

Alcoa Highway

14,579 ADT

UT Medical Center Neyland Drive Site Aerial

Site (2121 Cumberland Ave.) 3,203 SF +/- Available

22nd Street 7,261 ADT 7,261

37,390 ADT Cumberland Avenue Street View (2121 Cumberland Avenue) Floor Plan

Cookout Available Available Office Income Map

2121 Cumberland Avenue Demographic Summary (5 Mile Radius) 2017 Daytime Population KEY FACTS EDUCATION

144,544 2017 Total Daytime 201,165 Population Population 33.3 13%

2017 Daytime Population: 120,848 Median Age No High 29% Workers School 2.2 Some $31,971 Diploma 29% College 29% 2017 Daytime Population: 80,317 Average Median Household High School Bachelor's/Grad/P Residents Household Size Income Graduate rof Degree

BUSINESS Total Retail Sales EMPLOYMENT

61% White Collar 5.0% 19% Blue Collar 7,755 124,404 $2,297,777,614 Unemployment Total Businesses Total Employees Total Retail Sales 20% Rate Services

2121 Cumberland Avenue ~ Knoxville, TN 37916 Average Household Income ANNUAL HOUSEHOLD SPENDING (Ring of 5 miles)

5 mile radius

$1,363 $114 $2,156 Apparel & Computers & Eating Out Services Hardware $49,811 2016 Average Household $3,312 $3,414 Income Groceries Health Care Knoxville MSA Overview

Data Retrieved 2015 UNION COUNTY MARKET ECONOMIC INFORMATION

Maynardville Highway POPULATION FIGURES Knoxville, TN DMA 1,346,917 KNOXVILLE, TENNESSEE Ranked 62nd out of 210 DMA markets in U.S. [MARKET TRADE AREA PROFILE] GRAINGER KNOXVILLE, TN MSA 837,571 KNOX COUNTY COUNTY CITY OF KNOXVILLE POPULATION 178,874 LEGEND: KNOX COUNTY POPULATION 432,226 PRIMARY TRADE AREA SECONDARY TRADE AREA ANDERSON TERTIARY TRADE AREA COUNTY TOP EMPLOYERS Employees HALLS / 1. U.S. Department of Energy – Oak Ridge 12,927 FOUNTAIN CITY NORTHEAST KNOXVILLE 2. Covenant Health 9,016 Population – 63,803 Population – 30,211 3. University of Tennessee 8,754 Avg HH Inc. – $60,563 Avg HH Inc. – $61,864 4. Mercy Health Partners 5,711 Median Age – 40.4 Median Age – 40.7 5. Wal–Mart Stores 4,869 6. K–VA–T Food Stores (Food City) 3,853 JEFFERSON 7. State of Tennessee 3,834 COUNTY 8. University Health Systems 3,727 9. Knox County Government 3,021

10. Denso Manufacturing 3,000 Broadway 11. Clayton Homes 2,695 Population – 84,892 12. Dollywood 2,573 Avg HH Inc. – $58,595 STRAWBERRY PLAINS 13. Blount Memorial Hospital 2,180 Median Age – 37.3 Clinton Highway 14. Blount County Schools 2,100 Population – 14,892 OAK RIDGE Avg HH Inc. – $52,834 15. Yum Brands 2,000 Population – 31,793 POWELL / Median Age – 43.8 Avg HH Inc. – $65,241 NORTH SECTOR MSA SECTOR BREAKDOWN ON EMPLOYMENT Median Age – 43.8 Knoxville Industry Employees CEDAR BLUFF Construction 17,200 Population – 73,241 Finance, Insurance, Real Estate 15,100 Avg HH Inc. – $91,916 Government 55,200 Median Age – 38.7 Manufacturing – Total 47,700 Chapman Highway – Durable Goods 32,000 – Nondurable Goods 15,700 Services 96,400 BEARDEN Trade 91,000 DOWNTOWN / SEVIER Transportation, Communications, 15,600 Population – 36,447 INNER CIRCLE COUNTY & Public Utilities Avg HH Inc. – $50,282 Median Age – 37.8 Population – 71,415 Avg HH Inc. – $34,559 TURKEY CREEK / Median Age – 30.4 UNIVERSITIES & COLLEGES Enrollment FARRAGUT The University of Tennessee 26,877 Pellissippi Parkway Population – 50,746 Pellissippi State Community College 11,259 Avg HH Inc. – $118,628 Roane State Comm. College (Harriman) 6,801 Median Age – 44.5 Tusculum College (Greeneville) 2,128 Carson Newman 1,713 ROANE COUNTY Population – 22,305 Bryan College (Dayton) 1,466 Avg HH Inc. – $97,489

Maryville College 1,213 lcoa Highway Median Age – 41.9 A Tennessee Wesleyan College 1,080 South College 1,010 Johnson University 845 MARYVILLE / ALCOA LENOIR CITY AREA HOSPITALS # of Beds Population – 90,800 Population – 27,688 Avg HH Inc. – $59,871 University of Tennessee Medical Center 581 Avg HH Inc. – $60,902 Median Age – 41.8 Fort Sanders Regional Medical Center 517 Median Age – 43.6 St. Mary’s Medical Center 473 GREENBRIER Baptist Hospital of East Tennessee 329 real estate advisors Parkwest Medical Center 320 BLOUNT Lakeshore Mental Health Institute 250 COUNTY LOUDON East Tennessee Children’s Hospital 240 COUNTY