Sevier Avenue Retail Property
Retail-Commercial
for Lease
| Catylist Listing ID: |
30847927 |
| Property Subtypes: |
Free-Standing Building
|
| Contiguous Space: |
5,112 SF |
| Gross Building Area: |
See Agent |
| Lease Rate: |
$5,112 (Monthly)
$12 PSF (Annual)
|
| Lease Types: |
NNN |
| In Opportunity Zone? |
Yes |
| Last Updated: |
12/7/2023 |
Overview / Comments
The historic commercial heart of the Old Sevier neighborhood is teeming with life. 808 Sevier Avenue is located ½ mile from the Gay Street Bridge and ½ mile from James White Parkway. Neighbors include Honeybee Coffee, Hi-Wire Brewing, Fly by Night Cocktail Lounge, Alliance Brewing, South Coast Pizza, and the Landing House.
The highly visible building consists of two free span structures allowing multiple configurations and uses.
|
| Space Available: |
5,112 SF |
| Lease Rate: |
$5,112 (Monthly)
$12 PSF (Annual)
|
| Lease Type: |
NNN |
| Space Subcategory: |
Free-Standing Store |
| Date Available: |
5/1/2023 |
| Space Type: |
Relet |
| Parking Spaces |
7 |
| Rent Escalators Description |
Lease rate starts at $12/sf with 10% annual escalation. Year 1 is $12.00/sf ($5,112.00/mo). Year 2 is $13.20/sf ($5,623.20/mo). Year 3 is $14.52/sf ($6,185.52/mo). Year 4 is $15.97/sf ($6,804.07/mo). Year 5 is $17.57/sf ($7,484.48/mo). |
Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Knox |
| Tax ID/APN: |
095PE027 |
| Zoning: |
SW-3 |
| Retail Clientele: |
General |
| Property Located Between: |
Chapman Hwy & James White Pkwy |
| Property Visibility: |
Good |
| Largest Nearby Street: |
Chapman Highway |
| Traffic/Vehicle Count: |
23,883 |
| Highway Access: |
0.6 miles to Chapman Hwy
0.7 miles to James White Pkwy |
| Airports: |
McGhee Tyson |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Year Built: |
1986 |
| Total Parking Spaces: |
7 |
| Parking Type: |
Surface |
| Zoning Description: |
South Waterfront |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
11,621 |
72,617 |
144,145 |
| Median Age: |
27.56 |
31.83 |
35.15 |
| Households: |
4,814 |
28,844 |
61,365 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither East Tennessee Realtors nor
Moody's assume any liability for errors or omissions.
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