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Shadow Center- New Food City on Oak Ridge HWY 6736 Malone Creek Dr
2,100 SF of Retail Space Available in Knoxville, TN 37931
Highlights
- Freestanding, endcap and shop space opportunities plus pad-ready sites available for sale, ground lease or build-to-suit.
- Limited inventory, High growth area with great schools, and over 2,376 new homes approved in the trade area.
- Serving the growing Karns community of Knoxville, convenient to employees in the CBD, Pellissippi Technology Corridor, Oak Ridge National Lab/DOE
- Combined Traffic Count of 52,910 VPD upon 2021 completion of Schaad Road (CDM Smith TIA)
- Easy access and visibility via new project roads signalized at Oak Ridge Hwy and the new Schaad Road.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 6724 | 2,100 SF | 10 Years | $26.00 /SF/YR $2.17 /SF/MO $279.86 /m²/YR $23.32 /m²/MO $4,550 /MO $54,600 /YR | Triple Net (NNN) |
6736 Malone Creek Dr - 1st Floor - Ste 6724
Space will be delivered in vanilla box condition with RTUs set. Rent Escalators Description Greater of CPI or 3% annually Tenant Improvements Allowance $20
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space In Need of Renovation
- Grocery Anchored
- Warm Shell
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
SELECT TENANTS AT Shadow Center- New Food City on Oak Ridge HWY
- Tenant
- Description
- US Locations
- Reach
- Food City
- Retailer
- -
- -
| Tenant | Description | US Locations | Reach |
| Food City | Retailer | - | - |
PROPERTY FACTS FOR 6736 Malone Creek Dr , Knoxville, TN 37931
| Center Type | Strip Center | Total Land Area | 2.26 AC |
| Center Properties | 1 | Year Built | 2022 |
| Gross Leasable Area | 21,240 SF |
| Center Type | Strip Center |
| Center Properties | 1 |
| Gross Leasable Area | 21,240 SF |
| Total Land Area | 2.26 AC |
| Year Built | 2022 |
About the Property
New Shopping Center, anchored by new Food City grocery store opened April 2021. 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. Located at the 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. This location is a 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.
- Signage
-
Dalton Maddox -
Maddox Companies
Learn More About Leasing Retail Properties
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Shadow Center- New Food City on Oak Ridge HWY | 6736 Malone Creek Dr
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