Downtown Retail

Retail-Commercial for Lease
Catylist Listing ID: 30755383
Property Subtypes: Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub
Contiguous Space: 960 SF
Gross Building Area: See Agent
Lease Rate: $20 PSF (Annual)
Base Monthly Rent: $1,600
Lease Types: Modified Gross
In Opportunity Zone? Yes
Building Name: Medical Arts Building
Last Updated: 9/23/2021

Overview / Comments

Downtown Knoxville is booming as residents and tourists flock to the CBID. The Historic Medical Arts Building Retail Corner provides an ideal opportunity for a small retailer to make their niche in the center of thriving city. Previous tenant was florist and before that was specialty coffee/beer bar. Apartments are fully leased providing imbedded customer base. Parking garage attached.
• High Occupancy Mixed Use Property
• Only 1/4 mile from University of Tennessee Campus
• Major daytime traffic from Offices Courthouses & City/County Building
• Urban Residential and Retail in major growth mode and high demand

www.mabknoxville.com

Attachments & Media

Expand All Available Space

Suite: 102 960 SF $20 PSF (Annual) Modified Gross
Level/Floor: 1st
Space Available: 960 SF
Lease Rate: $20 PSF (Annual)
$1,600 (Monthly)
Lease Type: Modified Gross
Space Description: Former florist shop and previously specialty coffee/beer bar. Downtown Knoxville is booming as residents and tourists flock to the CBID. The Historic Medical Arts Building Retail Corner provides an ideal opportunity for a small retailer to make their niche in the center of thriving city. Apartments are fully leased providing imbedded customer base. Parking garage attached.

• High Occupancy Mixed Use Property
• Only 1/4 mile from University of Tennessee Campus
• Major daytime traffic from Offices Courthouses & City/County Building
• Urban Residential and Retail in major growth mode and high demand
Space Subcategory: Mixed Use, Office Showroom
Date Available: 11/1/2021
Space Type: Relet
Kitchen Yes
Parking Spaces 2
Rent Escalators Step-Up Lease
Rent Escalators Description 3% annual increases

Additional Details

Nearest MSA: Knoxville
County: Knox
Retail Clientele: General, Family, Business, Traveler, Tourist, Convention
Property Visibility: Excellent
Largest Nearby Street: Main Street
Tenancy: Multiple Tenants
Property Condition: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,738 84,120 145,231
Median Age: 23.37 32.37 35.08
Households: 4,481 34,063 61,905

Contact

Photograph of Listing Agent

Jay Cobble, CCIM, SIOR

Providence Commercial Real Estate NETAR CMLS Member
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