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Walnut St Retail/Restaurant 413 W Walnut St 1,850 SF of Retail Space Available in Johnson City, TN 37604
Highlights
- Prime location in W Walnut St redevelopment district
- 1 block from Model Mill redevelopment
- Less than one mile from I-26, exit 23
- Next to Timber! restaurant
- Prominent sign on building
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,850 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $22,200 /YR $1,850 /MO | Triple Net (NNN) |
1st Floor
The space features an open floor plan equipped with a small stage, 2 restrooms and storage area. The exterior includes large display windows and a prominent sign on the building for increased visibility.
- Lease rate does not include utilities, property expenses or building services
- Large display windows
- Open floor plan
- Stage, 2 restrooms & storage
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 | 1,850 SF | Gross Leasable Area | 1,850 SF |
| Property Type | Retail | Year Built | 1947 |
| Total Space Available | 1,850 SF |
| Property Type | Retail |
| Gross Leasable Area | 1,850 SF |
| Year Built | 1947 |
About the Property
Retail/restaurant space is available for lease in the West Walnut Street redevelopment district, positioned next to Timber! restaurant and one block from the Model Mill redevelopment project. The space features an open floor plan equipped with a small stage, 2 restrooms and storage area. The exterior includes large display windows and a prominent sign on the building for increased visibility. The location is less than one mile from I-26, exit 23. From I-26: Take exit 23 and head west on W Market Street toward downtown. Take the first left onto Colonial Way, then turn right onto E State of Franklin Rd. In 0.3 miles, turn left onto Buffalo St. Travel 0.1 miles, then turn right onto W Walnut St. Subject will be on the left in 0.2 miles.
Nearby Major Retailers
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Walnut St Retail/Restaurant | 413 W Walnut St
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