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Harvest Plaza 2340-2410 Martin Luther King Jr Ave 3,000 - 19,970 SF of Retail Space Available in Knoxville, TN 37915
HIGHLIGHTS
- Highly Populated Location
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 16,970 SF | Negotiable | $19.54 CAD/SF/YR $1.63 CAD/SF/MO $331,643 CAD/YR $27,637 CAD/MO | Triple Net (NNN) | ||
| 1st Floor | 3,000 SF | Negotiable | $25.13 CAD/SF/YR $2.09 CAD/SF/MO $75,380 CAD/YR $6,282 CAD/MO | Triple Net (NNN) |
2410 Martin Luther King Jr Ave - 1st Floor
This nicely maintained shopping center on Martin Luther King Jr Drive is situated just five blocks from Austin East High School. Its densely populated area provides close proximity to downtown Knoxville, the Old City, and the new baseball stadium. The location is ideal for service-oriented businesses such as a BMV, YMCA, medical centers, community colleges, senior centers, daycares, fire departments, diners/coffee shops, banks, apartment leasing offices, social services, dentists, automotive services, nail/hair salons, libraries, mid-sized grocery stores, churches, and schools.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 19,970 SF of adjacent space
2410 Martin Luther King Jr Ave - 1st Floor
This nicely maintained shopping center on Martin Luther King Jr Drive is situated just five blocks from Austin East High School. Its densely populated area provides close proximity to downtown Knoxville, the Old City, and the new baseball stadium. The location is ideal for service-oriented businesses such as a BMV, YMCA, medical centers, community colleges, senior centers, daycares, fire departments, diners/coffee shops, banks, apartment leasing offices, social services, dentists, automotive services, nail/hair salons, libraries, mid-sized grocery stores, churches, and schools.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 19,970 SF of adjacent space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 19,970 SF | Center Properties | 2 |
| Center Type | Neighborhood Center | Gross Leasable Area | 32,808 SF |
| Parking | 195 Spaces | Total Land Area | 2.69 AC |
| Stores | 2 | Year Built | 2004 |
| Total Space Available | 19,970 SF |
| Center Type | Neighborhood Center |
| Parking | 195 Spaces |
| Stores | 2 |
| Center Properties | 2 |
| Gross Leasable Area | 32,808 SF |
| Total Land Area | 2.69 AC |
| Year Built | 2004 |
ABOUT THE PROPERTY
Community shopping center centrally located in a densely populated market, with 139,517 people residing within a 5-mile radius. The property offers excellent visibility, ample parking, and multiple access points from Martin Luther King Drive. It features an anchor space of 19,790 square feet with a loading dock, a glass storefront, and awnings. Additionally, there are existing covered gas pumps with tanks that are in good condition and ready for a new operator, offering low startup costs.
- Pylon Sign
NEARBY MAJOR RETAILERS
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Harvest Plaza | 2340-2410 Martin Luther King Jr Ave
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