Vitamin Shoppe

Premier Retail Location Adjacent to Tennessee’s Highest-Traffic Mall – Strategically positioned in one of the Southeast’s most dynamic retail submarkets, directly adjacent to West Town Mall, the top-trafficked mall in Tennessee and the most concentrated retail node in East Tennessee.
Structured Rent Escalations – The lease includes 12% rental increases every five years, providing built-in growth and predictable cash flow over the investment horizon.
Affluent Surrounding Demographics – The property benefits from strong consumer spending power, with an average household income exceeding $129,362 within a five-mile radius.
Strong Population Growth Market – Located in Knox County, one of Tennessee’s fastest-growing counties, which has experienced a 20.55% population increase since 2010.
Positioned in the Densest Retail Corridor in East Tennessee – Surrounded by over 5.2 million square feet of retail within a two-mile radius, offering exceptional visibility and synergy with national tenants.
Proximity to Major University – Approximately five miles from the University of Tennessee, the state’s largest university with over 38,000 students and significant post-pandemic enrollment growth.
Demonstrated Tenant Commitment – The tenant has exercised multiple renewal options, indicating strong historical performance and long-term viability at this location.
Institutional-Backed Corporate Guarantee – Lease guaranteed by The Vitamin Shoppe, a subsidiary of Kingswood Capital Management, a private equity firm managing over $3.0 billion in assets.
Landlord-Favorable NN Lease – NN lease structure with tenant responsible for taxes, insurance, and common area maintenance, minimizing landlord obligations.
Surrounded by National and Regional Retailers – Immediate proximity to major retailers including Target, Trader Joe’s, Whole Foods Market, Walmart Supercenter, T.J. Maxx, Ross, Kohl’s, and multiple QSR brands, reinforcing the location’s regional retail significance.

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Hutt Cooke