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Downtown Restaurant Space 71 Wilson Ave 9,605 SF of Retail Space Available in Johnson City, TN 37604
HIGHLIGHTS
- Adjacent to Founders Park & Johnson City Farmers' Market
- Parking lot with 20 spaces
- Approx. 0.5 miles from I-26, exit 23
- Public parking lots nearby
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 1 | 9,605 SF | 13’ | Negotiable | $27.22 CAD/SF/YR $2.27 CAD/SF/MO $261,452 CAD/YR $21,788 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 1
Restaurant space featuring a bar, large kitchen, two walk-in coolers and ample seating for more than 220 people.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Finished Ceilings: 13’
- Ample seating for more than 220
- Bar, large kitchen & 2 walk-in coolers
- 13' ceiling with exposed beams
- Wet sprinkler system
- 7 roll-up doors on the exterior
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 | 9,605 SF | Gross Leasable Area | 29,687 SF |
| Property Type | Retail | Year Built | 1925 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 9,605 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 29,687 SF |
| Year Built | 1925 |
ABOUT THE PROPERTY
Restaurant space is available for lease in Downtown Johnson City. Located at the intersection of Wilson Avenue and Commerce Street, this property is adjacent to Founders Park and Johnson City Farmers’ Market. The space features a bar, large kitchen, two walk-in coolers and ample seating for more than 220 people. A small private parking lot with 20 spaces is located behind the building, and public parking lots are nearby. From I-26: Take exit 23, then travel west on E Market St. In 0.3 miles, turn left onto S Commerce St. Subject will be on the right in 0.1 miles.
NEARBY MAJOR RETAILERS
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Downtown Restaurant Space | 71 Wilson Ave
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