5
Coming Soon: Single Tenant Net Lease Verizon Located in Oak Ridge, TN (Knoxville MSA) For addional info and pricing guidance, please contact: Andy Hillmer Southern Commercial, LLC 865.588.0882 865.621.2727 [email protected] Actual Location Drawings Shown Relocaon of established successful store within the submarket. Currently Under Construcon (esmated rent commencement date of January 1, 2019). 10 Year NNN lease with 10% rental increase in year 6. Full lease guaranty by Cellular Sales of Knoxville, one of the largest Veri- zon franchisees in the country with over 715 locaons. Irreplaceable real estate at signalized intersecon within the epicenter of the Oak Ridge retail corridor, across from the $75MM Main Streets of Oak Ridge retail development anchored by TJ Maxx, Dicks Sporng Goods, and Several other naonal retailers. Directly across from proposed Publix anchored center (will be first Publix in the market). DEAL HIGHLIGHTS:

Coming Soon: Single Tenant Net Lease Verizon Located in ......Parker Hardy CEO : o [email protected] Oak Ridge Turnpike oak Ridge, TN 1321 865 599 ækridgecnamber org Major Employers

  • Upload
    others

  • View
    0

  • Download
    0

Embed Size (px)

Citation preview

Page 1: Coming Soon: Single Tenant Net Lease Verizon Located in ......Parker Hardy CEO : o hardy@orcc.org Oak Ridge Turnpike oak Ridge, TN 1321 865 599 ækridgecnamber org Major Employers

Coming Soon: Single Tenant Net Lease Verizon Located in Oak Ridge, TN (Knoxville MSA)

For additional info and pricing guidance,

please contact:

Andy Hillmer

Southern Commercial, LLC

865.588.0882

865.621.2727

[email protected]

Actual Location Drawings Shown

• Relocation of established successful store within the submarket.

• Currently Under Construction (estimated rent commencement date of

January 1, 2019).

• 10 Year NNN lease with 10% rental increase in year 6.

• Full lease guaranty by Cellular Sales of Knoxville, one of the largest Veri-

zon franchisees in the country with over 715 locations.

• Irreplaceable real estate at signalized intersection within the epicenter of

the Oak Ridge retail corridor, across from the $75MM Main Streets of

Oak Ridge retail development anchored by TJ Maxx, Dicks Sporting

Goods, and Several other national retailers.

• Directly across from proposed Publix anchored center (will be first Publix

in the market).

DEAL HIGHLIGHTS:

Page 2: Coming Soon: Single Tenant Net Lease Verizon Located in ......Parker Hardy CEO : o hardy@orcc.org Oak Ridge Turnpike oak Ridge, TN 1321 865 599 ækridgecnamber org Major Employers

Relocating Existing Location

SITE

Page 3: Coming Soon: Single Tenant Net Lease Verizon Located in ......Parker Hardy CEO : o hardy@orcc.org Oak Ridge Turnpike oak Ridge, TN 1321 865 599 ækridgecnamber org Major Employers

Future

Publix

Main Street at Oak Ridge:

$75MM Redevelopment

Page 4: Coming Soon: Single Tenant Net Lease Verizon Located in ......Parker Hardy CEO : o hardy@orcc.org Oak Ridge Turnpike oak Ridge, TN 1321 865 599 ækridgecnamber org Major Employers

Main Street at Oak Ridge: $75MM Redevelopment

Future Publix Proposed

Multifamily

SITE

Page 5: Coming Soon: Single Tenant Net Lease Verizon Located in ......Parker Hardy CEO : o hardy@orcc.org Oak Ridge Turnpike oak Ridge, TN 1321 865 599 ækridgecnamber org Major Employers

Oak Ridge, TN (Knoxville MSA)