Prime Corner for Lease 6,626 SF
Retail-Commercial
for Lease
| Catylist Listing ID: |
30833272 |
| Property Subtypes: |
Free-Standing Building, Restaurant, Other
|
| Contiguous Space: |
6,626 SF |
| Building Size (RSF): |
6,626 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.68 Acres
|
| Lease Rate: |
$10.95 PSF (Annual)
|
| Base Monthly Rent: |
$6,046 |
| Lease Types: |
Absolute NNN |
| Ceiling: |
12 ft. |
| In Opportunity Zone? |
Yes |
| Last Updated: |
2/28/2023 |
Overview / Comments
Great location in the Magnolia retail corridor. City of Knoxville investments are happening in this area. This property is in the Opportunity Zone. At the corner of Magnolia and Cherry Street with traffic counts of 14,273 vehicles per day on Cherry Street and 11,198 vehicles per day on Magnolia. 164' of frontage on Magnolia and 174' of frontage on Cherry Street. Ceiling heights of 12', 2 bathrooms and a loading dock at the rear of the building, gas heat. Tenant improvement allowance is negotiable. This is a net lease. Property is also for sale.
Tenant should verify all measurements.
Call Co-Listing Agent, Jennifer Montgomery (865) 406-4364.
|
| Space Available: |
6,626 SF |
| Lease Rate: |
$10.95 PSF (Annual)
$6,046 (Monthly)
|
| Lease Type: |
Absolute NNN |
| Space Description: |
Interior space is 82' x 82'9", 2 bathrooms and loading dock, 12' ceiling height. |
| Date Available: |
9/22/2019 |
| Lease Term: |
60 Months |
| Space Type: |
Relet |
| Tax Expenses |
$1.64 PSF (Annual) |
Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Knox |
| Tax ID/APN: |
082JL012 |
| Zoning: |
C-3 |
| Feet of Frontage: |
164 |
| Site Description: |
Level |
| Area Description: |
At the corner of Cherry Street and Magnolia Avenue. |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Year Built: |
2003 |
| Construction/Siding: |
Block |
| Total Parking Spaces: |
37 |
| Parking Type: |
Surface |
| Heat Type: |
Natural Gas |
| Heat Source: |
Ceiling Units |
| Air Conditioning: |
Other |
| Interior Description: |
Interior space is 82' x 82'9", 2 bathrooms and loading dock, 12' ceiling height. |
| Lot Frontage: |
164 |
| Lot Depth: |
174 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
9,362 |
75,954 |
148,960 |
| Median Age: |
37.22 |
33.73 |
35.13 |
| Households: |
4,049 |
31,005 |
63,269 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Knoxville Area Association of REALTORS® nor
Moody's assume any liability for errors or omissions.
|
