Catylist ID:
#30809524
| Catylist Listing ID: | 30809524 |
| Property Subtypes: | Free-Standing Building, Street Retail |
| Contiguous Space: | 4,000 SF |
| Gross Building Area: | 4,000 SF |
| Gross Land Area: | 0.68 Acres |
| Lease Rate: |
$15 PSF (Annual) |
| Base Monthly Rent: | $5,000 |
| Lease Types: | NNN |
| Last Updated: | 8/12/2022 |
Overview / Comments
|
Lease opportunity at a great location with zoning that allows many business types. Options range from a 2-plus year lease of the existing building to a long-term ground lease to redevelop this 0.68-acre tract. All My Sons Moving & Storage is relocating and seeks a sublease tenant. Excellent location just north of Lexington Dr. and near the I-40/75 interchange. Location is convenient to all of west Knoxville and has exceptionally high traffic counts: 39,259 ADT at Lovell Rd and 123,981 ADT on I-40/75. Built in 1981, this clear span block building has 4,000 sq. ft. with 27 parking spaces (6.75/1,000 SF) plus cross parking/access with 515 Lovell Rd. All ceilings are 8 ft. Configured with a 3,000 SF showroom/open area (40’x75’) with bathroom access and a 1,000 SF backroom with an at-grade overhead door 8’ wide and 8’ 10” tall. Knox County CB (Business & Manufacturing) zoning allows a wide range of businesses, including Retail, Office, Gym, martial arts, Indoor pet services and veterinary establishments and more. Being in unincorporated Knox County means low property taxes. 2022 CAM/Passthroughs are $629/mo. A longer commercial or ground lease can be achieved by entering into an agreement with the property owner as well as the sublease. The sublease portion is offered As-Is with the earliest occupancy to be Oct. 1, 2022. However, any occupancy date is subject to a contingency of the sublessor’s occupancy date at its new facility. Contact leasing agent for details. Minimum sublease Term is 24 months. Maximum sublease end date is 4/30/2025 (30 months from 10/1/22). All measurements are approximate. Rent is solely based on rent amount per month. Call listing agent to tour. HIGHLIGHTS Highly Visible Property on High Traffic Road near I-40/75 and Turkey Creek Exceptionally high traffic counts: 39,259 ADT on Lovell Rd 123,981 ADT on I-40/75 Unincorporated Knox County (Low property taxes) Zoned Knox County: CB - Business and Manufacturing Zone 27 parking spaces (6.75/1,000 SF) |
Attachments & Media
Expand All Available Space
| Suite: 1 | 4,000 SF | $15 PSF (Annual) NNN |
| Space Available: | 4,000 SF | |
| Lease Rate: |
$15 PSF (Annual) $5,000 (Monthly) |
|
| Lease Type: | NNN | |
| Date Available: | 10/1/2022 | |
| Space Type: | Sublet | |
Additional Details
| Nearest MSA: | Knoxville |
| County: | Knox |
| Taxing Authority: | Knox County |
| Tax ID/APN: | 131 02503 |
| Zoning: | CB |
| Retail Clientele: | General, Family, Business, Traveler, Tourist |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Lovell Rd |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 6,272 | 40,142 | 102,977 |
| Median Age: | 39.91 | 41.73 | 39.52 |
| Households: | 2,483 | 15,859 | 40,915 |
Contact
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