854 N Central St

Retail-Commercial for Lease
Catylist Listing ID: 30427304
Property Subtypes: Free-Standing Building, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Contiguous Space: 2,633 - 3,600 SF
Gross Building Area: See Agent
Lease Rate: $18 PSF (Annual)
Base Monthly Rent: $5,400
Lease Types: NNN
Building Name: Formerly The Hive
Last Updated: 8/20/2019

Overview / Comments

Best new restaurant space in North Knoxville! Landlord is looking to work with a tenant to update building for this purpose, including potential new kitchen space. Current conditioned interior SF is 2,631 but there is room to add about 1,000SF on to the back for a total of 3,600 SF for a single tenant. Substantial tenant improvements available. Space also available for office or retail.

Property has large windows, tall ceilings, concrete floors, and parking to go with it. Great garage feel on the popular Central St.This property is located in the Happy Holler district of N Central. Nearby businesses include Central Filling Station, Magpies Cakes, Schulz Brau Brewing and Elkmont Exchange Brewery. This building has become a well known staple from the former business, The Hive, that was being operated in it.

Expand All Available Space

Suite: Entire Building 3,600 SF $18 PSF (Annual) NNN
Space Available: 3,600 SF
Minimum Divisible: 2,633 SF
Lease Rate: $18 PSF (Annual)
$5,400 (Monthly)
Lease Type: NNN
Date Available: 5/27/2019
Lease Term: 60 Months
Space Type: New
Rent Escalators Step-Up Lease
Rent Escalators Description $0.50 Increases per year

Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: Knoxville
Tax ID/APN: 094DC021
Property Located Between: Magpies Bakery and Food Truck Park
Property Visibility: Excellent
Largest Nearby Street: Central St
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1940
Total Parking Spaces: 8
Parking Type: Surface
Parking Description: 8 spots on property. Multiple opportunities for on Street parking nearby.
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,634 90,068 161,639
Median Age: 32.56 32.69 35.32
Households: 6,652 37,006 69,027
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