Prime Exposure, Heart of Cumberland Ave.

Retail-Commercial for Lease
Catylist Listing ID: 30791166
Property Subtypes: Convenience Store, Mixed Use, Restaurant, Street Retail, Other
Contiguous Space: 616 - 3,741 SF
Building Size (RSF): 3,741 SF
Gross Building Area: See Agent
Gross Land Area: 0.37 SF
Lease Rate: $30.81 PSF (Annual)
Base Monthly Rent: $5,199
Lease Types: NNN
Last Updated: 5/19/2022

Overview / Comments

This opportunity offers street level retail or professional opportunity in the heart of Cumberland Avenue, the main thoroughfare leading to the University of Tennessee.

The space offers 2,025 SF of street level retail + 616 SF mezzanine + 1,100 SF up stairs office for a total area of 3,741 SF. Pay only for the street level retail ($30.81 base rate + $4.00 NNN's x 2,025 SF = $5,874.19 /month ).

Mezzanine & upper office space are free!!!

NNN's are $675. per month ($4.00 psf x 2,025 base area SF). $675/month with these Nets being: $400.00/monthly RE taxes $75.00/month property insurance, $200.00/ monthly trash service
Parking is open and unreserved, less anything currently reserved, providing 34 spaces +/-.

Located where campus meets retail and off campus student housing, this property services over 39,000 students, teachers and administrators throughout the year. Fall game days will bring in more that 100,000 additional retail/service customers.

Outstanding neighboring tenants include: Walgreens, McDonalds, Chipotle's, Copper Cellar, Moe's, The University of Tennessee.

Expand All 3 Spaces Available

Suite: 1715 2,025 SF $30.81 PSF (Annual) NNN
Suite: Mezzanine 616 SF $0 PSF (Annual)
Suite: Second Story Office 1,100 SF $0 PSF (Annual) NNN

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 108CD030
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Visibility: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,387 78,922 158,803
Median Age: 22.37 31.49 35.13
Households: 4,249 32,108 67,901

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