Retail Space on
3004 W Andrew Johnson Hwy, Morristown, TN 37814
For Lease
Contact for pricing
Retail space for lease in a growing Morristown market.
Space Size4,666 SF
Lot Size2.79 Acres
Days on Market1835
Property Features for 3004 W Andrew Johnson Hwy
General Information
Standard status
Size
Lot size
Property subtype
Lease Type
Spaces For Lease
at 3004 W Andrew Johnson Hwy
Lease Space Available - Morristown, TN
$13/SF/Yr
Size
4,666 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
Sublease
No
-Property located on W Andrew Johnson Highway on West side of Morristown, TN
-Between Downtown Morristown and Cherokee Crossing intersection (Merchants Greene Blvd. & US Hwy 11-E)
-Available for lease: 4,666 SF portion of existing 15,354 SF building
-Good access and traffic counts
-Growing market with the addition of world wide manufacturers and national retailers
-Site is within close proximity of Wal-Mart Supercenter, Food City, Texas Roadhouse, Chili’s & Covenant Health Care (New Construction 2021 - $37,000,000 Outpatient Facility [50,000 SF] with Free Standing Emergency Department & Diagnostics Center, as well as Physician Center)
Contact us
Listing Agency:
Greenbrier Real Estate Advisors
(865) 206-0180
Listed By:
Todd Blowers · License TN #359137
(865) 773-7586
Source:
Moodyscre
Added: Nov 1, 2021
Changed: Nov 1
Last Checked: Nov 8 at 8:33AM
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 Greenbrier Real Estate Advisors
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Investment Insights
Based on property information with market context.
Located on West Andrew Johnson Highway on the west side of Morristown, Tennessee, this property is situated between Downtown Morristown and the Cherokee Crossing intersection. A 4,666-square-foot portion of an existing 15,354-square-foot building is available for lease. The site benefits from good access and traffic counts within a growing market that includes worldwide manufacturers and national retailers. The property is in close proximity to a Wal-Mart Supercenter, Food City, Texas Roadhouse, Chili’s, and Covenant Health Care, which completed a new $37,000,000 outpatient facility in 2021. This 50,000-square-foot facility includes a free-standing emergency department, diagnostics center, and physician center.
Key Highlights
- High‑traffic location on W Andrew Johnson Highway, between Downtown Morristown and Cherokee Crossing.
- Situated in a growing market with new manufacturers and retailers.
- Close proximity to major retailers like Wal‑Mart, Food City, Texas Roadhouse, and Chili’s.
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
421
Businesses Nearby
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Business Placement
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
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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 27% below the average of $17.75 /SF/Yr.
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Retail space for lease in a growing Morristown market.
Where is this retail space located?
The property is located at 3004 W Andrew Johnson Hwy Morristown, TN.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: High‑traffic location on W Andrew Johnson Highway, between Downtown Morristown and Cherokee Crossing.; Situated in a growing market with new manufacturers and retailers.; Close proximity to major retailers like Wal‑Mart, Food City, Texas Roadhouse, and Chili’s.
