7.36 Acres along Future Foothills Mall Rd Connection

Vacant Land for Lease
Catylist Listing ID: 30788392
Property Subtypes: Retail, Self Storage, Other
Gross Land Area: 7.36 Acres
Lease Rate: $90,000 (Annual)
$0.28 PSF (Annual)
Base Monthly Rent: $7,500
Lease Types: Ground Lease
Last Updated: 9/12/2022

Overview / Comments

2 parcels totaling 7.36 acres along Phase 2 of City of Maryville's Foothills Mall Rd extension. Great location for strip retail. Will not divide. Excavation report indicates that the property will balance for a level tract. Available for sale or ground lease. Value is in land, no warranty of existing structures is given by this listing. Parcels: 057C A 008.00 and 009.00.

Future city plans call for an extension of Foothills Mall Drive which will increase the access to the area and this property. Price expected to double when that happens!

AADT is over 46,000 cars. Property has over 700 feet of frontage on US 129, a major four-lane highway connecting Knox and Blount County. Major retailers in the area include Target, Lowes, Walmart, Home Depot, Verizon, Dicks Sporting Goods, and now a new Rural King Store. Also nearby is Denso, a global automotive parts manufacturer and the major Blount County employer.

The City of Maryville has granted H.I.R Zoning on this Property, zoning that was established to support, encourage, and stimulate retail oriented commercial activity.

US 129 runs north south through Maryville and Alcoa in Blount County Tennessee. The area between Foch and Bessemer Streets has seen recent growth and development with both new retail and craft brewery's moving here.

Additional Details

Nearest MSA: Knoxville
County: Blount
Taxing Authority: City of Maryville
Tax ID/APN: 005057CA00800
Zoning: HIGH INTENSITY RETAIL
Property Visibility: Excellent
Largest Nearby Street: US 129
Feet of Frontage: 700
Traffic/Vehicle Count: 46,000
Airports: TYS
Area Description: Located near Foothills Mall
Lot Frontage: 700
Zoning Description: High Intensity Retail
Topography: Level
Available Utilities: Electric, Water
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,923 39,501 70,939
Median Age: 38.92 38.65 40.41
Households: 2,243 16,080 28,391

Contact

Photograph of Listing Agent

Steve Goldman, CCIM

Goldman Partners Realty, LLC KAAR CIE Member
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