Retail/Restaurant Space Near Maryville College

Retail-Commercial for Lease
Also listed as Shopping Center
Catylist Listing ID: 30704835
Property Subtypes: Restaurant, Street Retail
Contiguous Space: 3,968 SF
Building Size (RSF): 3,968 SF
Lease Rate: $5,000 (Monthly)
$15.12 PSF (Annual)
Lease Types: NNN
Building Name: Pinnacle Center
Usable Size (USF): 3,968 SF
Last Updated: 4/9/2021

Overview / Comments

Welcome to Pinnacle Center. This Firehouse Subs anchored center is a prime location blocks from downtown Maryville and Maryville College. Flanked by Maryville's two finest restaurants, Foothills Milling and Walnut Kitchen, Pinnacle offers Class A retail and office space. It is home to Firehouse Subs, Blount Memorial Hospitals home health division, Maryville Acupuncture, Steel Room Fitness Gym, Sky City Business Incubator and Co-working space, PopKorn and KupKatie's.

This relet restaurant space was a former bar and grill of over 15 years, which moved to a larger space. The space features exposed concrete span deck ceilings, concrete floors, exposed HVAC, five framed restrooms, and an outdoor patio. Two existing electrical service panels are ready for homerun connections. A large grease trap is already in place.

Pinnacle Center's owner is currently redeveloping 21,000 sq.ft. of industrial space adjacent to the center. The $3 million project converts a 1929 historical warehouse into a bowling/restaurant concept similar to Pinewood Social in Nashville or Maple Hall in Knoxville.

Expand All Available Space

Suite: 406 3,968 SF $5,000 (Monthly) NNN
Space Available: 3,968 SF
Lease Rate: $5,000 (Monthly)
$15.12 PSF (Annual)
Lease Type: NNN
Space Description: 3,968 sq.ft. restaurant space on slab ready to finish to tenant specs. Existing plumbing to five restrooms, existing drains to grease trap, 3 HVAC units and exposed ducts, large storefront for visibility, 100% leased neighborhood center.
Space Subcategory: Neighborhood Center
Date Available: 2/4/2021
Lease Term: 60 Months
Space Type: Relet
Tax Expenses $1.50 PSF (Annual)
Operating Expenses $1 PSF (Annual)
CAM Expenses $1 PSF (Annual)
Rent Escalators Step-Up Lease
Rent Escalators Description 2% annually

Additional Details

Nearest MSA: Knoxville
County: Blount
Tax ID/APN: 005058A B 02100
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: Downtown Maryville and Maryville College
Property Visibility: Excellent
Largest Nearby Street: Washington Street and High Street Intersection
Traffic/Vehicle Count: 30,000
Highway Access: Washington Street is a primary artery connecting Hwy 321 within one block to Hwy 129 to the north. Hwy 411 and Washington St intersect at the subject.
Airports: McGhee Tyson-10 minutes
Site Description: Corner site with excellent visibility and parking
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Excellent
Year Built: 2007
Year Renovated: 2020
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Ample onsite parking plus use of the new 50 space ancillary parking lot next door
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central, Heat Pump
Internet Access: Cable, Fiber Optic
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,544 43,562 69,972
Median Age: 34.16 39.85 40.4
Households: 3,285 17,650 28,016

Contact

Photograph of Listing Agent

David Shanks

Shanks & Associates KAAR CIE Member
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