Ground Lease / Build to Suit; REDUCED 1ST 2 YRS ON 10+ YR LEASE

Vacant Land for Lease
Catylist Listing ID: 30372248
Property Subtypes: Agricultural, Industrial, Multi-Family, Office, Retail-Pad, Other
Gross Land Area: 4.25 Acres
Lease Rate: $3,300 (Monthly)
$0.21 PSF (Annual)
Lease Types: Ground Lease
Last Updated: 9/9/2019

Overview / Comments

SUBSTANTIAL REDUCTION IN FIRST TWO YEARS' RENT ON A 10+ YEAR LEASE

4.25 +/- acres of currently zoned agricultural land located approximately 0.8 miles east of the Emory Road intersection with Maynardville Pike and Halls High School.

Property has approximately 380 feet of frontage with Maynardville Pike and has 2.4 +/- acres of pad ready land with less than 2 feet of slope in that section.

Owner is willing to do a build to suit as desired by the tenant, as well as helping to secure the any future zoning upgrades which may be necessary.

Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: Knox County
Tax ID/APN: 028 26402
Zoning: AGRICULTURAL
Property Located Between: 4,200 feet NE of Halls High School and the Emory Road Intersection
Property Visibility: Excellent
Largest Nearby Street: Frontage to Maynardville Pike
Feet of Frontage: 380
Traffic/Vehicle Count: 16,100
Site Description: The property is bounded to the north by a FEMA floodplain, but the elevation difference between the level of the property and the plain itself is over 20 feet. Immediate, pad ready acreage is in excess of 2.4 acres on the property, taking into account the Maynardville Pike road widening project that is in process.
Lot Frontage: 380
Lot Depth: 510
Zoning Description: Current unused Agricultural Surrounded by CB and CA Commercial
Topography: Level
Easements Description: Maynardville Pike is undergoing a widening project, which runs along the frontage of the property.
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,333 29,679 72,642
Median Age: 41.6 39.98 39.5
Households: 1,738 11,606 29,035
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