Magnolia Ave Street Retail

Retail-Commercial for Lease
Also listed as Office
Catylist Listing ID: 30808912
Property Subtypes: Street Retail, Other
Contiguous Space: 2,214 SF
Building Size (RSF): 2,214 SF
Gross Building Area: 14,882 SF
Lease Rate: $10.07 PSF (Annual)
Base Monthly Rent: $1,857
Lease Types: NN
In Opportunity Zone? Yes
Last Updated: 11/28/2022

Overview / Comments

Located close to the intersection of Cherry St and Magnolia Ave, street retail/ Office. 5 rectangular stalls in 2 buildings. General Commercial Zoning District, C-G-2 Zoning. Lots of activity and sales in and around the area, including the proposed baseball stadium that is not too far away. Interstate is less than 1 mile from retail center, lots of rooftops. More square footage possible. The building(s) could be purchased. Prospects may look up approved uses on the City of Knoxville's website.

All information with-in deemed reliable but not guaranteed, prospect will need to verify all information to their satisfaction.

Expand All Available Space

Suite: 5 2,214 SF $10.07 PSF (Annual) NN
Space Available: 2,214 SF
Lease Rate: $10.07 PSF (Annual)
$1,857 (Monthly)
Lease Type: NN
Space Description: End cap or stall, rectangular in shape, clear span, street retail. Small office
and bathroom in back left of space, rough dimensions of 18 x 130. Front
and back doors, side entrance from alley. Currently no HVAC.

Rent is to be $2,000/Monthly. This includes the NN Fee.
Date Available: 6/27/2022
Lease Term: 24 Months
Space Type: Relet
Tax Expenses $0.35 PSF (Annual)

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 082KB005
Zoning: C-G-2
Area Description: I-40 East to Cherry St Exit, left onto Magnolia, 2nd building on right.
Tenancy: Single Tenant
Total Number of Buildings: 1
Property Condition: Average
Year Built: 1950

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,550 75,954 148,156
Median Age: 37.61 33.73 35.37
Households: 4,164 31,005 62,435

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