The West End Shopping Center - 12,380 SF - Farragut

Retail-Commercial for Lease
Catylist Listing ID: 30049131
Property Subtypes: Mixed Use, Street Retail
Contiguous Space: 12,380 SF
Gross Building Area: 51,000 SF
Gross Land Area: 7.22 Acres
Lease Rate: $8.50 PSF (Annual)
Base Monthly Rent: $8,769
Lease Types: NNN
Building Name: West End Phase 2
Last Updated: 5/8/2018

Overview / Comments

Conveniently located at the epicenter of Farragut home owners and directly in front of the Middle & High School. This site is an excellent value in a remodeled location you can be proud of without paying a premium. Benefit from an experienced Landlord in the community with more than a 25 year history. In 2018 the modern renovation was completed and subsequently is full except for the last vacancy.

Expand All Available Space

Suite: 144 12,380 SF $8.50 PSF (Annual) NNN
Level/Floor: 1
Space Available: 12,380 SF
Lease Rate: $8.50 PSF (Annual)
$8,769 (Monthly)
Lease Type: NNN
Space Subcategory: Neighborhood Center, Flex Space
Date Available: 10/1/2015
Lease Term: 63 Months
Space Type: Relet
Offices 1
Rent Escalators Description 3% annual
Rent Concession 1 month absolutely free.

Additional Details

Nearest MSA: Knoxville
County: Knox
Submarket Type: Suburban
Zoning: C-3
Retail Clientele: General, Family, Business, Recreation, Other
Property Located Between: Kingston Pike & I-40 south of Turkey Creek
Property Visibility: Fair
Largest Nearby Street: West End Ave.
Feet of Frontage: 428
Highway Access: 3-5 minutes from I-40 via Campbell Station Rd.
Airports: TYS
Area Description: The Town was ranked as the Most Business-Friendly City in Tennessee for 2011 by the Beacon Center of Tennessee (formerly the Tennessee Center for Policy Research). Farragut is home to stunning beauty, no property tax, great public and private schools, an extremely low crime rate, and an array of recreational, shopping and dining opportunities. Demographics Population: 20,676 Households: 7,982 Median Age: 45 Median Household Income: $108,000 The Town of Farragut does not have a municipal property tax. Farragut residents pay the same property tax as other Knox County residents, $2.32 per $100 of assessed property value. Property is assessed at 25% of the residential market value and 40% of the commercial market value. Sales tax in Knox County is 9.25% except for groceries, which are taxed at 5.25%.
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1986
Year Renovated: 2018
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Beautifully updated with modern textures, colors and architectural features such as crown molding, and a historic down lighting package. This center received the City of Farragut beautification award for 2016.
Parking Ratio: 3.2 (per 1000 SF)
Parking Type: Surface
Parking Description: 3.23/1,000 SF
Sprinklers: Wet

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,673 40,684 93,926
Median Age: 44.67 42.91 40.25
Households: 3,116 15,771 37,052

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