Grassy Creek Development

6717 Oak Ridge Hwy, KnoxvilleTN 37931

1,500 SF
$26.00 Annual/SF

Listing Details

Asking Rate
$26.00 Annual/SF
Total Available
1,500 SF
Rent Esc. Type
CPI
Rent Esc. Desc.
Greater of CPI or 3% annually
Lease Type
NNN
Expense Type
CAMs
Lease Terms
120 Months
NNN Expenses
$4.50
List Date
9/03/2020
Available Date
3/01/2021
Listing ID
28588618

Shadow Center - New Food City on Oak Ridge Hwy

- New Shopping Center, anchored by new Food City grocery store opening 1Q21. Food City (KVAT Food Stores) is the 33rd largest grocer in the US with 127 stores and 16,000+ employees across Tennessee, Georgia, Virginia and Kentucky, and sales exceeding $2B.

- Freestanding, endcap and shop space opportunities, with sites delivered pad ready 4Q20 available for sale, ground lease or build-to-suit.

- Intersection of Oak Ridge Hwy and Schaad Road, Oak Ridge Hwy (TN-62) has recently been widened to 5 lanes and connects Karns with Downtown Knoxville. Schaad Road is a new 5 lane ring road to connect I-75 in N. Knoxville with I-40/75 in W. Knoxville, on track for 2022 completion.

- Combined Traffic Count of 52,910 VPD upon 2021 completion of Schaad Road (CDM Smith TIA). Current combined traffic count of 34,410 VPD has been reduced due to road construction.

- Limited inventory, High growth area with great schools, and over 2,376 new homes approved in the trade area. This is one of the few areas in Knox County with remaining developable land for residential growth.

- Easy access and visibility via new project roads signalized at Oak Ridge Hwy and the new Schaad Road.

- Serving the growing Karns community of Knoxville, convenient to employees in the CBD, Pellissippi Technology Corridor, Oak Ridge National Lab/DOE Installation and the University of Tennessee.

Space recently delivered with RTUs set.

Videos and Virtual Tours

Space Details

Total Available
1,500 SF
Suite
6734
Primary Use
Retail

Other Listings on this Property

2,100 SF

Property Highlights

Type
 Retail: Big Box
Size
75,985 SF, 31.06 Acres
Building Status
Under Construction
Occupancy Type
Single Tenant
Number of Buildings, Floors
1 , 1

Contact

Dalton Maddox

Affiliate Broker

Maddox Property Sales

Steven Maddox

Maddox Property Sales

Attachments

BROKER

Source: East Tennessee Realtors

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