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The Zhi Center TBD S US 411 Hwy 1,500 - 28,878 SF of 4-Star Retail Space Available in Maryville, TN 37801
HIGHLIGHTS
- Corner Exposure
- New Construction
- Walmart Adjacent
- Emerging Corridor
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,783-5,065 SF | 5-10 Years | $47.01 CAD/SF/YR $3.92 CAD/SF/MO $238,080 CAD/YR $19,840 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 103 | 2,000-8,334 SF | 5-10 Years | $44.24 CAD/SF/YR $3.69 CAD/SF/MO $368,696 CAD/YR $30,725 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 107 | 3,557 SF | 5-10 Years | $47.01 CAD/SF/YR $3.92 CAD/SF/MO $167,197 CAD/YR $13,933 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 112 | 1,500-11,922 SF | 5-10 Years | $41.48 CAD/SF/YR $3.46 CAD/SF/MO $494,465 CAD/YR $41,205 CAD/MO | Triple Net (NNN) |
1st Floor
Pending construction, dedicated end cap restaurant space offering up 1783 sf to 5,065 sf
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Signalized Corner Access
- End Cap Offering
- Walmart Adjacent
- Divisible
1st Floor, Ste 103
Pending construction, in-line space offering up 2000 sf to 8,334 sf.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Signalized Corner Access
- End Cap Offering
- Walmart Adjacent
- Divisible
1st Floor, Ste 107
Corner marquee space offering 3,557 sf of corner visibility and adjacent to inline space for larger square footage needs.
- Lease rate does not include utilities, property expenses or building services
- Signalized Corner Access
- End Cap Offering
- Walmart Adjacent
- Divisible
1st Floor, Ste 112
In line retail fronting Market Place Dr, offering 1,500 sf up to 11,922 sf.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Abundant Parking
- Abundant Parking
- 1,500 sf and up offerings
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.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 28,878 SF | Gross Leasable Area | 31,000 SF |
| Min. Divisible | 1,500 SF | Year Built | 2027 |
| Property Type | Retail | Parking Ratio | 5.81/1,000 SF |
| Property Subtype | Storefront | Construction Status | Proposed |
| Total Space Available | 28,878 SF |
| Min. Divisible | 1,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 31,000 SF |
| Year Built | 2027 |
| Parking Ratio | 5.81/1,000 SF |
| Construction Status | Proposed |
ABOUT THE PROPERTY
This future development offers retail exposure along busy Hwy 411, with traffic counts of 39,000 + cars daily as of 2020 at the 411 counting station 1 mile NE and 28,000 cars daily as of 2020 at the 411/129 counting station one mile S. The signalized corner offers outstanding access to the site and hard corner visibility. This mixed use heavy retail/light office project will bring 31,000 +/- SF of retail shop space, 5,065 SF of restaurant space to the 411 retail/professional corridor. Ample parking, competitive vanilla box allowance and adjacency to dense residential development further highlight this offering. Two (2) dedicated restaurant spaces offering 3286 SF of endcap space and 1783 SF of inline space adjacent. Can be combined for additional square footage needs.
NEARBY MAJOR RETAILERS
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The Zhi Center | TBD S US 411 Hwy
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