1.39 AC on Oak Ridge Tpke - Redevelop or Renovate

Retail-Commercial for Lease
Also listed as Vacant Land
Catylist Listing ID: 30788386
Property Subtypes: Car Wash, Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Other
Contiguous Space: 1 - 14,252 SF
Building Size (RSF): 14,252 SF
Gross Building Area: See Agent
Gross Land Area: 1.39 Acres
Lease Rate: $7,200 (Monthly)
$6.06 PSF (Annual)
Lease Types: Ground Lease
Last Updated: 5/16/2022

Overview / Comments

Available as ground lease, build to suit, or sale. Currently zoned O-2.

Opportunity to either scrape or renovate existing building.

487 ft of frontage on Oak Ridge Turn Pike corner with 22,671 ADT! Great location for a QSR or mixed retail center. Existing building could also be renovated.

Property is currently vacant.

Demolition costs quoted at approximately $75,000

Expand All Available Space

Suite: 1 14,252 SF $7,200 (Monthly) Ground Lease
Space Available: 14,252 SF
Minimum Divisible: 1 SF
Lease Rate: $7,200 (Monthly)
$6.06 PSF (Annual)
Lease Type: Ground Lease
Date Available: 2/1/2022
Space Type: Relet

Additional Details

Nearest MSA: Knoxville
County: Anderson
Taxing Authority: City of Oak Ridge
Tax ID/APN: 001100AC00300
Zoning: O-2
Retail Clientele: General, Business, Other
Property Located Between: Oak Ridge Turnpike & Administration Rd
Property Visibility: Excellent
Largest Nearby Street: Oak Ridge Turnpike
Feet of Frontage: 487
Traffic/Vehicle Count: 22,671
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Fair
Year Built: 1943
Roof Type: Gable
Construction/Siding: Vinyl Siding
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Zoning Description: O-2
Lot Frontage: 487
Lot Depth: 185
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,249 24,790 42,922
Median Age: 45.01 41.87 42.48
Households: 3,541 10,906 18,138

Contact

Photograph of Listing Agent

Steve Goldman, CCIM

Goldman Partners Realty, LLC KAAR CIE Member
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