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Suncrest Drive - New Retail Center TBD Suncrest dr
5,130 SF of Retail Space Available in Gray, TN 37615
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,130 SF | 5 Years | $25.00 /SF/YR $2.08 /SF/MO $269.10 /m²/YR $22.42 /m²/MO $10,688 /MO $128,250 /YR | Triple Net (NNN) |
1st Floor
Space will be delivered to tenant as a vanilla shell, which includes a bathroom, drywall, 200-amp panel, open ceiling and heat pump unit.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Excellent access and visibility.
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 FOR TBD Suncrest dr , Gray, TN 37615
| Property Type | Retail | Year Built | 2025 |
| Property Subtype | Storefront | Construction Status | Under Construction |
| Gross Leasable Area | 18,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 18,000 SF |
| Year Built | 2025 |
| Construction Status | Under Construction |
About the Property
This new retail construction development with a total of 18,000sf (9,000sf per building) could not have come at a more opportune time. East TN has been experiencing unprecedented growth. Both single and multifamily developments have been on the rise in this area over the last few years. Restaurants, retail, offices, banks, medical and the like would all do well in this highly visible and desirable location. There are two spaces available offering a drive thru. Currently Jersey Mike's is committed along with other restaurants, banks and offices who are giving it serious consideration. The property is located just off I-26 (exit 13, Gray, TN, which is N. Johnson City). Owner/Agent
-
Joe Wilson -
Bryan Sangid -
The Brokers Realty and Auction, Inc.
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Suncrest Drive - New Retail Center | TBD Suncrest dr
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