Catylist ID:
#30660095
Cusick Road Property - Near Amazon, Arconic, and McGhee Tyson Airport
Vacant Land
for Lease
Lease Pending
| Catylist Listing ID: | 30660095 |
| Property Subtypes: | Hospitality, Multi-Family, Office, Retail, Retail-Pad, Vacation/Resort, Other |
| Status: | Pending |
| Gross Land Area: | 7.33 Acres |
| Lease Rate: |
$175,200 (Annual) $0.55 PSF (Annual) |
| Base Monthly Rent: | $14,600 |
| Lease Types: | Ground Lease, NNN |
| In Opportunity Zone? | Yes |
| Last Updated: | 6/29/2022 |
Overview / Comments
|
The 7.33-acre Property is near McGhee Tyson Airport, Arconic, Springbrook Farms, and the Amazon Site. The Property currently fronts Cusick Road at the intersection of Wright Road, has easy access to Alcoa Highway (US 129), and Pellissippi Parkway (I - 140). A section of the on going TDOT Road Project referred to as "Relocated Alcoa Highway," will shift the alignment to the east of the existing roadway. The new alignment will be a four-lane, controlled-access facility, allowing for two lanes in each direction with no signals or intersections. The newly-constructed roadway will separate local traffic from commuter through-traffic, while the existing facility will continue to provide access to local businesses. Upon completion, the Relocated Alcoa Highway will create new interchanges at the entrance of McGhee Tyson Airport and Wright Road. Both interchanges will provide access to the section of existing Alcoa Highway referred to as the Motor Mile. The Wright Road interchange will also provide access to Cusick Road. The Cusick Road Property will have approximately 1,100 feet of frontage on the Relocated Alcoa HIghway, and approximately 530 feet of frontage on Cusick Road. The Cusick Road Property is arguably the best location for business growth available in Blount County, Tennessee. The Ground Lease offered is a Five Year Initial Term at the listed monthly rate, then Five Year Options with CPI Base Rent Increase. General Business E district zoning provides for commercial uses and services primarily to community residents of the City of Alcoa. The intent is to permit lands adjacent to major arterial highways as designed by the Alcoa Major Road Plan to be used for the provision of general commercial and business services to the community. Herman J. Tallman, CCIM is owner/agent. |
Attachments & Media
Additional Details
| Nearest MSA: | Knoxville |
| County: | Blount |
| Submarket Type: | Airport District |
| Taxing Authority: | Blount County - City of Alcoa |
| Tax ID/APN: | 026L A 012.01 and 026L A 01200 (after TDOT acquisition) |
| Zoning: | GENERAL BUSINESS E |
| Property Located Between: | New Relocated Alcoa Highway and Alcoa Highway |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Alcoa Highway (US 129) |
| Highway Access: | Cusick Road to US 129, the Pellissippi Parkway |
| Airports: | McGhee Tyson |
| Site Description: | A level site with future highway visibility and utilities. |
| Area Description: | The immediate area home to McGhee Tyson Airport, Airport Motor Mile, Arconic, and hotels and restaurants. Alcoa Highway is undergoing a massive highway improvement and Springbrook Farms is within a mile. |
| Zoning Description: | This district provides space for commercial uses which provide services primarily to community residents of the City of Alcoa. The intent is to permit lands adjacent to major arterial highways as designed by the Alcoa Major Road Plan to be used for the provision of general commercial and business services to the community. |
| Topography: | Level |
| Available Utilities: | Electric, Water, Gas, Sewer, Broadband |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 863 | 26,758 | 60,472 |
| Median Age: | 38.34 | 39.3 | 39.7 |
| Households: | 354 | 11,256 | 24,544 |
Contact
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