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    852 Main St Oak Ridge, TN 37830

    Sponsored
    For Lease
    $24 SF/Yr ($5,600 /Mo)

    Prime Oak Ridge retail space; new construction, high traffic.

    Lot size:
    2,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,800 square foot retail space presents a unique opportunity in Oak Ridge, TN's premier retail corridor. Located in a brand-new, 2021-built building, this single-tenant space is a cold dark shell, ready for immediate build-out to suit your business needs. The property enjoys a highly visible location at the entrance of a new, large-scale lifestyle development, boasting approximately 400,000 square feet of retail space across multiple buildings, along with an estimated 60,000 to 100,000 square feet of office space and a hotel. This ensures a robust and growing customer base with significant discretionary income. The surrounding area features a concentration of national brand retailers, including PetSmart, Cinemark Theatre, Ulta Beauty, Belk, JCPenney, Walmart Supercenter, TJ Maxx, and Dick's Sporting Goods, creating a synergistic retail environment with high foot traffic. The property's location benefits from its proximity to the region's largest employer, a national laboratory, and a national security complex, guaranteeing a consistent flow of potential customers. Abundant parking is available for added convenience. This is an ideal location for a restaurant or retail business seeking high visibility and access to a thriving consumer market in Anderson County.

    Property Features for 852 Main St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,800 SF
    Total Rate
    5600

    Building Details

    Year Built
    2021

    Unit(s) available at that property

    Space
    Available Space
    Size
    2,800 SF
    Rate per SF
    $33

    HighLights

    • 2,800 SF retail/restaurant space in Anderson County.
    • Single‑tenant occupancy.
    • New construction (2021).
    • Located in Oak Ridge, TN's premier retail corridor, near major national brands and a large employer.
    • Abundant parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oak Ridge
    County
    Anderson
    State
    Tennessee
    Longitude
    -84.2546211
    Latitude
    36.0138114

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    FAQs

    What type of property is this?
    Restaurant - Prime Oak Ridge retail space; new construction, high traffic.
    Where is this restaurant located?
    The property is located at 852 Main St Oak Ridge, TN.
    What is the lease rate?
    The lease rate is $33 SF/Yr.
    What are key features of this property?
    This property features: 2,800 SF retail/restaurant space in Anderson County.; Single-tenant occupancy.; New construction (2021).
    Request Owner's contact information
    852 Main St Oak Ridge, TN 37830
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    Oak Ridge, TN 37830
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    852 Main St Oak Ridge, TN 37830
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