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    Oak Ridge Tpke Oak Ridge, TN 37830

    For Lease
    $17 SF/Yr

    Prime Oak Ridge location, 1,026 sq ft.

    Lot size:
    81,536 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    Manhattan Place Shopping Center in Oak Ridge, Tennessee, offers a 1,026 square foot retail space for lease. Located on Oak Ridge Turnpike, this property benefits from high traffic volume and visibility. The space is part of a larger shopping center anchored by established businesses such as Food City Grocery, Gas N' Go, Ross the Boss, H&R Block, and Boost Mobile, ensuring a steady flow of potential customers. The center boasts ample surface parking, providing convenient access for shoppers and employees. The well-maintained landscaping enhances the aesthetic appeal of the property. The total building size is 81,536 square feet, with this particular unit (Unit 1155) comprising 1,026 square feet. The asking rent is $17.00 per square foot per month, with estimated net, net, net (NNN) expenses of $2.18 per square foot. Anderson County is the location. The property is in a thriving commercial area and presents a fantastic opportunity for businesses seeking high visibility and a strong tenant mix. The address is on Oak Ridge Turnpike, Oak Ridge, TN 37830.

    Property Features for 0 Oak Ridge Tpke

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    81,536 SF
    Total Rate
    115509.33

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,026 SF
    Rate per SF
    $17

    HighLights

    • Strong national and local tenant mix.
    • Ample parking available.
    • High daily traffic volume.
    • Excellent curb appeal with recent exterior painting, landscaping, and parking lot maintenance.
    • Small suite currently available for lease.
    • Convenient location near schools, medical facilities, and the city center.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Oak Ridge
    County
    Anderson
    State
    Tennessee
    Longitude
    -84.3073601
    Latitude
    35.9950715

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    FAQs

    What type of property is this?
    Retail property - Prime Oak Ridge location, 1,026 sq ft.
    Where is this retail property located?
    The property is located at Oak Ridge Tpke Oak Ridge, TN.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: Strong national and local tenant mix.; Ample parking available.; High daily traffic volume.
    Request Owner's contact information
    Oak Ridge Tpke 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
    Oak Ridge Tpke Oak Ridge, TN 37830
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