Turnkey Restaurant in the Heart of Bearden

Retail-Commercial for Lease
Catylist Listing ID: 30700139
Property Subtypes: Free-Standing Building, Restaurant, Tavern/Bar/Nightclub, Other
Contiguous Space: 3,800 - 8,000 SF
Total Available: 16,000 SF
Gross Building Area: See Agent
Lease Rate: $2,500 - 12,500 (Monthly)
$7.89 - 28.57 PSF (Annual)
Lease Types: NNN
Last Updated: 6/16/2021

Overview / Comments

4705 Old Kingston Pike (the former Grill at Highlands Row) offers a rare opportunity for a restaurateur to quickly establish their concept in the heart of Bearden, which is in need of high-quality restaurants and is continuing to grow at a rapid rate. The building consists of 4,200 square feet with a patio on the upper level and 3,800 square feet in the basement (former Ivory's Piano Bar), which is unfinished. The upper level is in turnkey condition for a restaurant with a large majority of the FF&E still in place.

The Landlord is open to offering the building per floor or in its entirety. All parking spaces surrounding the building are available to the tenant, as well as the use of the adjacent underground parking garage on a first come first serve basis. After 5:00 PM, the surface parking in front of the Highlands Row shops is also available on a first come first serve basis. Please note the rental rate reflects an "AS-IS" base rent; however, would be offered as a net/net/net lease.

Expand All 3 Spaces Available

Suite: 4705 3,800 SF $2,500 (Monthly) NNN
Suite: 4705 4,200 SF $10,000 (Monthly) NNN
Suite: 4705 8,000 SF $12,500 (Monthly) NNN

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 107NC002
Property Visibility: Excellent
Property Condition: Excellent
Parking Type: Surface, Underground

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,247 63,874 173,526
Median Age: 36.24 32.51 34.86
Households: 2,065 26,407 73,894

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