CUMBERLAND AVENUE - LoopNet€¦ · Brian Tapp, CCIM Senior Vice President 865.474.8781...

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Brian Tapp, CCIM Senior Vice President 865.474.8781 [email protected] Matthew Stein 215.883.7407 [email protected] 1830 CUMBERLAND AVENUE KNOXVILLE, TN OFFERING SUMMARY Available SF: 1,530 - 4,770 SF Lease Rate: Negotiable University Of Tennessee - Total Students: 28,052 University Of Tennessee - Faculty & Staff: 9,813 Submarket: Downtown PROPERTY OVERVIEW Retail space in the +/- 268,254 sf mixed-use community on the south side of Cumberland Avenue, between 18th and 19th Streets, on the edge of University of Tennessee’s campus and in the heart of the revitalized Cumberland Avenue Corridor. RETAIL PROPERTY FOR LEASE

Transcript of CUMBERLAND AVENUE - LoopNet€¦ · Brian Tapp, CCIM Senior Vice President 865.474.8781...

Page 1: CUMBERLAND AVENUE - LoopNet€¦ · Brian Tapp, CCIM Senior Vice President 865.474.8781 brian.tapp@avisonyoung.com Matthew Stein 215.883.7407 mstein@MSCretail.com 1830 CUMBERLAND

Brian Tapp, CCIMSenior Vice [email protected]

Matthew Stein

215.883.7407

[email protected]

1830 CUMBERLAND AVENUEKNOXVILLE, TN

OFFERING SUMMARY

Available SF: 1,530 - 4,770 SF

Lease Rate: Negotiable

University Of Tennessee - Total Students: 28,052

University Of Tennessee - Faculty & Staff: 9,813

Submarket: Downtown

Traffic Count: 18,425

PROPERTY OVERVIEW

Retail space in the +/- 268,254 sf mixed-use community on thesouth side of Cumberland Avenue, between 18th and 19thStreets, on the edge of University of Tennessee’s campus and inthe heart of the revitalized Cumberland Avenue Corridor.

RETAIL PROPERTY FOR LEASE

Page 2: CUMBERLAND AVENUE - LoopNet€¦ · Brian Tapp, CCIM Senior Vice President 865.474.8781 brian.tapp@avisonyoung.com Matthew Stein 215.883.7407 mstein@MSCretail.com 1830 CUMBERLAND

The information contained herein was obtained from sources believed reliable; however, Avison Young makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. Thepresentation of this property is submitted subject to errors, omissions, changes of price or conditions prior to sale or lease, or withdrawal without notice.

Brian Tapp, CCIMSenior Vice [email protected]

Matthew Stein

215.883.7407

[email protected]

OFFERING SUMMARY

Available SF: 1,530 - 4,770 SF

Lease Rate: Negotiable

Building Size: 268,254

Zoning: FD-CU-2

Submarket: Downtown

Traffic Count: 18,425

AVAILABLE SPACES

Retail space at TENN, a +/- 268,254 sf mixed-use community on the south side ofCumberland Avenue, between 18th and 19th Streets, on the edge of University ofTennessee’s campus and in the heart of the revitalized Cumberland Avenue Corridor.Located in between Campus and two regional hospitals, Fort Sanders Regional MedicalCenter (541 beds & 1,704 employees) and East Tennessee Children's Hospital (152 beds &2,358 employees) which provide additional density and a year-round daytime population.UT has an eight-level, parking garage (1,000 spaces) under construction for commuters,employees and special events to the south of TENN on Lake Avenue. Walking distance toNeyland Stadium (102,037 seats) and Thompson-Boling Arena (21,678 seats) which are inthe top three on-campus sporting facilities in the United States.

PROPERTY OVERVIEW

SPACE LEASE RATE SIZE (SF)

A Negotiable 2,390 SF

C Negotiable 3,240 - 4,770 SF

D Negotiable 1,530 - 4,770 SF

R E TA I L P R O P E R T Y F O R L E A S E

Executive Summary

Page 3: CUMBERLAND AVENUE - LoopNet€¦ · Brian Tapp, CCIM Senior Vice President 865.474.8781 brian.tapp@avisonyoung.com Matthew Stein 215.883.7407 mstein@MSCretail.com 1830 CUMBERLAND

The information contained herein was obtained from sources believed reliable; however, Avison Young makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. Thepresentation of this property is submitted subject to errors, omissions, changes of price or conditions prior to sale or lease, or withdrawal without notice.

Brian Tapp, CCIMSenior Vice [email protected]

Matthew Stein

215.883.7407

[email protected]

R E TA I L P R O P E R T Y F O R L E A S E

Floor Plans

Page 4: CUMBERLAND AVENUE - LoopNet€¦ · Brian Tapp, CCIM Senior Vice President 865.474.8781 brian.tapp@avisonyoung.com Matthew Stein 215.883.7407 mstein@MSCretail.com 1830 CUMBERLAND

The information contained herein was obtained from sources believed reliable; however, Avison Young makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. Thepresentation of this property is submitted subject to errors, omissions, changes of price or conditions prior to sale or lease, or withdrawal without notice.

Brian Tapp, CCIMSenior Vice [email protected]

Matthew Stein

215.883.7407

[email protected]

AVAILABLE SPACES

SPACE LEASE RATE CHASE FOR BLACK IRON GREASE TRAP FRONTAGE SIZE (SF) CEILING HEIGHT NOTE

A NEGOTIABLE YES YES 46' 3/4" 2,390 SF 12 - 14'2" LEASE PENDING (10/24)

C NEGOTIABLE YES YES 61' 6" - 90' 11 5/8" 3,240 - 4,770 SF 12 - 14'2" CHASE ONLY FOR ENTIRE 4,770 SF SPACE

D NEGOTIABLE NO NO 34'6" - 90' 11 5/8" 1,530 - 4,770 SF 12 - 14'2"

R E TA I L P R O P E R T Y F O R L E A S E

Space Details

Page 5: CUMBERLAND AVENUE - LoopNet€¦ · Brian Tapp, CCIM Senior Vice President 865.474.8781 brian.tapp@avisonyoung.com Matthew Stein 215.883.7407 mstein@MSCretail.com 1830 CUMBERLAND

The information contained herein was obtained from sources believed reliable; however, Avison Young makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. Thepresentation of this property is submitted subject to errors, omissions, changes of price or conditions prior to sale or lease, or withdrawal without notice.

Brian Tapp, CCIMSenior Vice [email protected]

Matthew Stein

215.883.7407

[email protected]

R E TA I L P R O P E R T Y F O R L E A S E

Retailer Map

Page 6: CUMBERLAND AVENUE - LoopNet€¦ · Brian Tapp, CCIM Senior Vice President 865.474.8781 brian.tapp@avisonyoung.com Matthew Stein 215.883.7407 mstein@MSCretail.com 1830 CUMBERLAND

The information contained herein was obtained from sources believed reliable; however, Avison Young makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. Thepresentation of this property is submitted subject to errors, omissions, changes of price or conditions prior to sale or lease, or withdrawal without notice.

Brian Tapp, CCIMSenior Vice [email protected]

Matthew Stein

215.883.7407

[email protected]

TENN

TENN

R E TA I L P R O P E R T Y F O R L E A S E

Location Maps

Page 7: CUMBERLAND AVENUE - LoopNet€¦ · Brian Tapp, CCIM Senior Vice President 865.474.8781 brian.tapp@avisonyoung.com Matthew Stein 215.883.7407 mstein@MSCretail.com 1830 CUMBERLAND

The information contained herein was obtained from sources believed reliable; however, Avison Young makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. Thepresentation of this property is submitted subject to errors, omissions, changes of price or conditions prior to sale or lease, or withdrawal without notice.

Brian Tapp, CCIMSenior Vice [email protected]

Matthew Stein

215.883.7407

[email protected]

POPULATION 1 MILE 3 MILES 5 MILES

Total population 17,603 67,136 143,232

Median age 21.8 30.5 34.1

Median age (male) 22.0 29.8 32.9

Median age (Female) 21.4 31.2 35.3

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 4,668 28,300 65,361

# of persons per HH 3.8 2.4 2.2

Average HH income $20,744 $36,282 $41,317

Average house value $227,574 $140,833 $138,637

* Demographic data derived from 2010 US Census

R E TA I L P R O P E R T Y F O R L E A S E

Demographics Map

Page 8: CUMBERLAND AVENUE - LoopNet€¦ · Brian Tapp, CCIM Senior Vice President 865.474.8781 brian.tapp@avisonyoung.com Matthew Stein 215.883.7407 mstein@MSCretail.com 1830 CUMBERLAND

The information contained herein was obtained from sources believed reliable; however, Avison Young makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. Thepresentation of this property is submitted subject to errors, omissions, changes of price or conditions prior to sale or lease, or withdrawal without notice.

Brian Tapp, CCIMSenior Vice [email protected]

Matthew Stein

215.883.7407

[email protected]

R E TA I L P R O P E R T Y F O R L E A S E

Current Status (10/17/17)

Page 9: CUMBERLAND AVENUE - LoopNet€¦ · Brian Tapp, CCIM Senior Vice President 865.474.8781 brian.tapp@avisonyoung.com Matthew Stein 215.883.7407 mstein@MSCretail.com 1830 CUMBERLAND

The information contained herein was obtained from sources believed reliable; however, Avison Young makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. Thepresentation of this property is submitted subject to errors, omissions, changes of price or conditions prior to sale or lease, or withdrawal without notice.

Brian Tapp, CCIMSenior Vice [email protected]

Matthew Stein

215.883.7407

[email protected]

R E TA I L P R O P E R T Y F O R L E A S E

Current Status (10/17/17)