Schaad Rd–Prime Retail

Retail-Commercial for Lease
Catylist Listing ID: 30430332
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub
Contiguous Space: 1,600 - 3,500 SF
Gross Building Area: 3,580 SF
Lease Rate: $17 PSF (Annual)
Base Monthly Rent: $4,958
Lease Types: NNN
Last Updated: 8/18/2019

Overview / Comments

Prime location with exceptional visibility. Large sign on building plus pole sign
approx 30-ft high at front. Across street from Home Depot, with Sonic to the
western side and Arby's beside it. To the east is Huddle House.
Formerly a liquor store (approx 1600 sq ft) and a pub (approx 1900 sq ft)
Can combine. Full basement for storage. Two walk-in coolers
Room to add a drive-thru. Priced very aggressively at only $17psf NNN.
Taxes, insurance and maintenance reserve will add about $5psf payable
monthly. Tenant responsible for buildout.
This is a great fast-food location . Other uses include hair salon suites,
walk-in medical, commercial kitchen, physical therapy, ..endless possibilities.
See photos at Kaarcie list #30362747
This building build in early 2000s with a full basement for storage. Basement also makes buildout easier and less expensive for anything that has to penetrate
the floor. Basement is under the left side of building only, former pub of
approx. 1900 sq ft based on outside dimensions.. On the right side is the
former wine/beer/spirits store. At the back of this space is a walk-in cooler
that is of recent vintage. This is a cooler designed to go down into the 30's
(degrees F) so is suitable for food storage.
We do not have any architectural drawings nor do we have a survey. It appears
that there is room for a loop-around drive-thru but confirming this would be
a due diligence item for potential tenant(s) or buyer.

Co-listed –Bill Furlong 973-7225

Co-listed with Tom Jostes 719-5555

Expand All Available Space

Suite: A,B 3,500 SF $17 PSF (Annual) NNN
Space Available: 3,500 SF
Minimum Divisible: 1,600 SF
Lease Rate: $17 PSF (Annual)
$4,958 (Monthly)
Lease Type: NNN
Space Description: Former liquor store (1600) sq ft and pub (1900 sq ft). Lease separately
or combine.
Two walk-in coolers
Full basement for storage
Room for a drive-thru
Date Available: 6/1/2019
Space Type: Relet
Tax Expenses $13,540 PSF (Annual)
Rent Escalators Fixed Lease

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 067MA006
Retail Clientele: General, Family
Property Located Between: Clinton Highwaty and Schaad Rd
Property Visibility: Excellent
Largest Nearby Street: Schaad Rd
Highway Access: Clinton Hwy at signalized intersection. about 150 ft
Total Number of Buildings: 11
Property Condition: Excellent
Year Built: 2001
Roof Type: Gable
Parking Type: Surface
Parking Description: surface parking for 20 or more vehicles
Sprinklers: None
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Package Unit
Zoning Description: City of Knoxville C-4
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,152 54,491 159,651
Median Age: 34.7 36.14 34.91
Households: 1,752 22,406 65,596

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