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.
|
| Space Available: |
3,800 SF |
| Lease Rate: |
$2,500 (Monthly)
$7.89 PSF (Annual)
|
| Lease Type: |
NNN |
| Date Available: |
1/27/2021 |
| Space Type: |
Relet |
| Kitchen |
Yes |
| Space Available: |
4,200 SF |
| Lease Rate: |
$10,000 (Monthly)
$28.57 PSF (Annual)
|
| Lease Type: |
NNN |
| Date Available: |
1/27/2021 |
| Space Type: |
Relet |
| Space Available: |
8,000 SF |
| Lease Rate: |
$12,500 (Monthly)
$18.75 PSF (Annual)
|
| Lease Type: |
NNN |
| Date Available: |
1/27/2021 |
| Space Type: |
Relet |
Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Knox |
| Tax ID/APN: |
107NC002 |
| Property Visibility: |
Excellent |
| Property Condition: |
Excellent |
| Parking Type: |
Surface, Underground |
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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