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Open-Concept Retail Suite
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204 N Fairmont Ave, Morristown, TN 37814

Flexible storefront space offers two restrooms, oversized windows, and access to a loading dock.

Space Size2,951 SF
Days on Market50

Property Features for 204 N Fairmont Ave

General Information

Standard status Active
Size 2,951 SF
Net Rentable 2,951 SF
Property subtype RETAIL
Lease Type NNN

Space & Availability

Available Space 2,951 SF
Contiguous Space 2,951 SF
Space Use Office
Sublease No
Available From Immediate

Lease Terms

Lease Rate $4,000 /USD/MO
Monthly Rent $4,000
Rent per SF/Year $16.27
CAM $3 /USD/SF/YR

Site & Location

Anchor Co-Tenants Crescent Center Drugs
Highway Access Yes
Road Access Yes

Amenities

two restrooms
oversized storefront windows
loading dock
on-site parking

Building Details

Tenancy Multi

Spaces For Lease

at 204 N Fairmont Ave
NEW OWNERSHIP | Crescent Center Shopping Center $16.26/SF/Yr
Size 2,951 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE
NEW OWNERSHIP | Crescent Center Shopping Center 204 N Fairmont Ave, Suite 280 Morristown, TN 37814 ±2,951 SF | Open Concept | New ownership at Crescent Center. Suite 280 is a versatile ±2,951 SF space in a well-established central Morristown corridor with easy access to the East/West Viaduct and the city’s main east-west travel pattern. The suite offers a clean, flexible open-concept floor plan with two restrooms and oversized storefront windows. Removing one interior wall would open the suite to substantially more natural light, creating an attractive setting for professional services, medical or wellness users, insurance and financial offices, boutique retail, or a showroom. A convenient loading dock is available for modest additional rent, giving users a rare in-town mix of customer-facing frontage and practical rear access. Crescent Center occupies a visible stretch of N Fairmont Avenue with steady local traffic and a proven neighborhood tenant mix, including Crescent Center Drugs, a well-regarded independent pharmacy that has served the Lakeway area for decades. With the center otherwise occupied, this is the one opportunity to join an established in-town location supported by nearby grocery, dining, and regional retail along the Morris Blvd / College Square corridor, plus Morristown’s position between Knoxville and the Tri-Cities on I-81. Highlights • New ownership and proactive leasing • Only vacancy currently available in the center • Spacious ±2,951 SF open-concept suite • Two restrooms • Oversized storefront windows; additional natural light possible with removal of one interior wall (subject to Landlord approval) • Loading dock available for a slight additional rent • High-visibility central Morristown location near the East/West Viaduct • Established center with durable local and service-oriented tenancy • Convenient on-site parking • Estimated NNN/CAM ±$3.00 PSF annually, subject to reconciliation A practical, well-located suite for a reputable operator that wants in-town exposure, a flexible floor plan, and a nearly full center with everyday customer traffic. $4,000/month Base Rent + CAM
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Listing Agency: Re/Max Real Estate Ten
Listed By: Leslie Jo Deaderick · License #336679
Source: Moodyscre
Added: Sep 1 Changed: Oct 6 Last Checked: Oct 19 at 6:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Re/Max Real Estate Ten

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Investment Insights

Based on property information with market context.

Suite 280 at Crescent Center provides ±2,951 SF of open-concept retail space with two restrooms and oversized storefront windows. The layout can accommodate a range of customer-facing or professional uses, and removal of one interior wall could introduce more natural light, subject to landlord approval. A loading dock is also available separately for users needing rear access, while on-site parking supports customer visits.

The center is located at 204 N Fairmont Ave in Morristown, along a central commercial corridor with access to the East/West Viaduct and the Morris Blvd / College Square area. Nearby retail, dining, grocery, and service businesses contribute to the established setting. Crescent Center Drugs is among the existing tenants, and Suite 280 is currently the center’s only available space.

Key Highlights

  • ±2,951 SF open‑concept retail suite
  • Two restrooms and oversized storefront windows
  • One interior wall may be removed for additional natural light, subject to landlord approval

Property Analytics

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Open Analytics

Current Use

Crescent Barber Shop Barber Shop Donaldson Barber Shop Barber Shop

Suggested Use

Top Pick HVAC Service Auto Parts Store Electrical Service Bakery Storage Facility Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.44 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,135
Businesses Nearby

Demographics for 37814, TN

34,130
Population
15,287
Households
2.2
Avg Household Size
41
Median Age
22%
College-Educated
88%
High-School Grad
43.9 sq mi
ZIP Area
777
Density / Sq Mi
$51,083
Median Household Income
$35,062
Median Earnings
$859
Median Rent
$192,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Morristown, TN

$17.75 /SF/Yr
Avg Asking Price
$13.24–$26 /SF/Yr
Price Range
2,778 SF
Avg Space Size

This space is priced 8% below the average of $17.75 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Flexible storefront space offers two restrooms, oversized windows, and access to a loading dock.
Where is this retail space located?
The property is located at 204 N Fairmont Ave Morristown, TN.
What is the lease rate?
The lease rate is $4,000/Mo.
What are key features of this property?
This property features: ±2,951 SF open‑concept retail suite; Two restrooms and oversized storefront windows; One interior wall may be removed for additional natural light, subject to landlord approval
(865) 640-5020 Call to check price and availability
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