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509 Lovell Rd
Knoxville, TN 37932
Property For Lease

Highlights

  • Lease of the existing building or long-term ground lease to redevelop
  • High traffic counts - 39,259 ADT on Lovell Rd
  • Highly Visible Property on High Traffic Road near I-40/75 and Turkey Creek
  • Unincorporated Knox County (Low property taxes)

Property Facts

Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 4,000 SF
Year Built 1981
Parking Ratio 6.75/1,000 SF

About the Property

Lease opportunity at a great location with zoning that allows many business types. Options range from a 2-plus year lease of the existing building to a long-term ground lease to redevelop this 0.68-acre tract. All My Sons Moving & Storage is relocating and seeks a sublease tenant. Excellent location just north of Lexington Dr. and near the I-40/75 interchange. Location is convenient to all of west Knoxville and has exceptionally high traffic counts: 39,259 ADT at Lovell Rd and 123,981 ADT on I-40/75. Built in 1981, this clear span block building has 4,000 sq. ft. with 27 parking spaces (6.75/1,000 SF) plus cross parking/access with 515 Lovell Rd. All ceilings are 8 ft. Configured with a 3,000 SF showroom/open area (40’x75’) with bathroom access and a 1,000 SF backroom with an at-grade overhead door 8’ wide and 8’ 10” tall. Knox County CB (Business & Manufacturing) zoning allows a wide range of businesses, including Retail, Office, Gym, martial arts, Indoor pet services and veterinary establishments and more. Being in unincorporated Knox County means low property taxes. 2022 CAM/Passthroughs are $629/mo. A longer commercial or ground lease can be achieved by entering into an agreement with the property owner as well as the sublease. The sublease portion is offered As-Is with the earliest occupancy to be Oct. 1, 2022. However, any occupancy date is subject to a contingency of the sublessor’s occupancy date at its new facility. Contact leasing agent for details. Minimum sublease Term is 24 months. Maximum sublease end date is 4/30/2025 (30 months from 10/1/22). All measurements are approximate. Rent is solely based on rent amount per month. Call listing agent to tour.

  • Pylon Sign
  • Tenant Controlled HVAC
  • Air Conditioning
  • Listing ID: 26088370

  • Date on Market: 7/5/2022

  • Last Updated:

  • Address: 509 Lovell Rd, Knoxville, TN 37932

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