RETAIL FOR LEASE: HISTORIC DOWNTOWN BURLINGTON

Retail-Commercial for Lease
Also listed as Shopping Center
Catylist Listing ID: 30233588
Property Subtypes: Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Contiguous Space: 7,967 SF
Building Size (RSF): 7,967 SF
Gross Building Area: See Agent
Gross Land Area: 0.38 Acres
Lease Rate: $10 PSF (Annual)
Base Monthly Rent: $6,639
Lease Types: Modified Gross
Last Updated: 4/27/2018

Overview / Comments

Business owners, preservationists and city officials alike envision a rebirth for this district. Knox Heritage, with support from the City Office of Redevelopment, plans to focus on the Burlington area, laying the groundwork for future development.

Burlington's roots as a retail center date back to the 1910s and 1920s and now is the time for it to thrive again.

3900 Martin Luther King Jr Ave consists of 7,957 SF with 5 Suites ready to be demised to your needs. Fa├žade is being redone and remodeling has started. Other properties are available. Buildouts are negotiable with rental rates. CAM fees to be determined.

Great ground floor opportunity in this quaint and charming community!

Expand All Available Space

Suite: A, B, C, D, E 7,967 SF $10 PSF (Annual) Modified Gross
Space Available: 7,967 SF
Lease Rate: $10 PSF (Annual)
$6,639 (Monthly)
Lease Type: Modified Gross
Space Description: 7,957 SF with 5 Suites. Can be divided to fit your needs.
Date Available: 3/19/2018
Lease Term: 36 Months
Space Type: Relet
Tax Expenses $0.16 PSF (Annual)

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 082DC001
Zoning: C-3
Area Description: Follow I-40 E to US-11W S/Rutledge Pike. Take Exit 392 from I-40 E. Continue onto US-11W S/Rutledge Pike. Drive to Martin Luther King Jr Ave.
Total Number of Buildings: 1
Year Built: 1930

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,110 52,345 133,191
Median Age: 39.47 37.65 35.46
Households: 3,451 23,057 55,496
© Copyright 2001-2018 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Knoxville Area Association of REALTORS┬« nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.