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437 S Illinois Ave 2,084 SF of Retail Space Available in Oak Ridge, TN 37830
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 437 | 2,084 SF | Nov 2029 | $48.91 CAD/SF/YR $4.08 CAD/SF/MO $101,935 CAD/YR $8,495 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 437
Discover an exceptional leasing opportunity at this prime Oak Ridge, TN property. The space is a former eyecare location and offers spacious entry lobby, reception area with counter, lab spaces, four exam areas, office, kitchen and restrooms. Ample parking with parking in the back of the center for employees. The location is ideal for businesses seeking a professional and accessible setting. The ample parking and convenient access further enhance the appeal, ensuring seamless connectivity for employees and visitors. Additionally, the property's proximity to major thoroughfares and essential amenities provides added convenience. 437 S Illinois Avenue - Sublease Opportunity 2,084 square feet $32.00 PSF Current Lease Expiration November 30, 2029
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
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.
SELECT TENANTS AT 437 S ILLINOIS AVE, OAK RIDGE, TN 37830
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Dos Bros Fresh Mexican Grill
- Restaurant
- 31
- Regional
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Dos Bros Fresh Mexican Grill | Restaurant | 31 | Regional |
PROPERTY FACTS
| Total Space Available | 2,084 SF | Year Built | 2015 |
| Property Type | Retail | Parking Ratio | 7.86/1,000 SF |
| Gross Leasable Area | 11,070 SF |
| Total Space Available | 2,084 SF |
| Property Type | Retail |
| Gross Leasable Area | 11,070 SF |
| Year Built | 2015 |
| Parking Ratio | 7.86/1,000 SF |
ABOUT THE PROPERTY
Discover an exceptional leasing opportunity at this prime Oak Ridge, TN property. The space is a former eyecare location and offers spacious entry lobby, reception area with counter, lab spaces, four exam areas, office, kitchen and restrooms. Ample parking with parking in the back of the center for employees. The location is ideal for businesses seeking a professional and accessible setting. The ample parking and convenient access further enhance the appeal, ensuring seamless connectivity for employees and visitors. Additionally, the property's proximity to major thoroughfares and essential amenities provides added convenience. 437 S Illinois Avenue - Sublease Opportunity 2,084 square feet $32.00 PSF Current Lease Expiration November 30, 2029
NEARBY MAJOR RETAILERS
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437 S Illinois Ave
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