The Westcott Center
Shopping Center
for Lease
| Catylist Listing ID: |
30478492 |
| Property Subtypes: |
Grocery-Anchored, Neighborhood Center, Strip Center
|
| Contiguous Space: |
1,100 - 1,400 SF |
| Total Available: |
2,500 SF |
| Gross Building Area: |
127,631 SF |
| Lease Rate: |
$21 PSF (Annual)
|
| Base Monthly Rent: |
$1,925 - 2,450 |
| Lease Types: |
NNN |
| In Opportunity Zone? |
Yes |
| Building Name: |
The Westcott Center |
| Last Updated: |
5/10/2023 |
Overview / Comments
The Westcott Center is home to a 113,531 square foot Kroger Marketplace. This site offers lighted access to both Oak Ridge Turnpike and Illinois Avenue along with additional points of entry on Ivanhoe and Raleigh Roads as well. Small shop space available ranging from 1,400 - 4,500 square feet. Outlots from 1.01 - 1.15 Acres available.
Small shop tenant mix includes Farm Bureau, Pizza Hut, Jersey Mike's, a nail salon and a karate studio.
|
| Space Available: |
1,100 SF |
| Lease Rate: |
$21 PSF (Annual)
$1,925 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
Cold dark shell inline space available. |
| Date Available: |
10/16/2020 |
| Lease Term: |
60 Months |
| Space Type: |
New |
| Tax Expenses |
$1.57 PSF (Annual) |
| Operating Expenses |
$0.86 PSF (Annual) |
| CAM Expenses |
$0.99 PSF (Annual) |
| Space Available: |
1,400 SF |
| Lease Rate: |
$21 PSF (Annual)
$2,450 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
New space delivered in cool grey shell condition. |
| Space Subcategory: |
Strip Center |
| Date Available: |
8/1/2019 |
| Space Type: |
New |
| Tax Expenses |
$1.57 PSF (Annual) |
| Operating Expenses |
$0.86 PSF (Annual) |
| CAM Expenses |
$0.99 PSF (Annual) |
Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Anderson |
| Tax ID/APN: |
001099K B 04600 |
| Retail Clientele: |
General, Family, Business, Recreation |
| Property Located Between: |
Oak Ridge Turnpike and Illinois Avenue |
| Property Visibility: |
Good |
| Largest Nearby Street: |
Oak Ridge Turnpike |
| Traffic/Vehicle Count: |
27,500 |
| Site Description: |
Property is located in the NWQ of Illinois Avenue and Oak Ridge Turnpike in Oak Ridge, TN. |
| Area Description: |
Oak Ridge, part of the Knoxville MSA is a suburban city located in Anderson and Roane counties. Oak Ridge was established in 1942 and is most notably known as the Secret City due to it's involvement as a production site for the Manhattan Project— the operation that developed the atomic bomb. As it is still the site of Oak Ridge National Laboratory and Y-12 National Security Complex, scientific development still plays a crucial role in the city's economy and culture in general.
Along with Kroger Marketplace, area retailers include JC Penney, Belk, Dick's Sporting Goods, TJ Maxx, Walmart Supercenter, Chick Fil A, Hobby Lobby and many more. |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Excellent |
| Part of Planned Development?: |
Yes |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
5,597 |
25,143 |
39,372 |
| Median Age: |
36.33 |
41.62 |
43.23 |
| Households: |
2,570 |
11,045 |
16,824 |
|
© Copyright 2001-2023 Moody's. All Rights Reserved.
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.
|
