Sevier Crossing. New Retail Development with Lease Space Available Chapman Highway Knoxville, TN Contacts:

Transcription

1 Sevier Crossing New Retail Development with Lease Space Available 7621 Chapman Highway Knoxville, TN Sevier Crossing New Retail Opportunity Contacts: Josiah Glafenhein (865) Caleb Glafenhein (865) Greenbrier Real Estate Advisors 2099 Thunderhead Rd. Suite 204 Knoxville, TN

2 Property Summary Property Details Demographic Snapshot Name Address Proposed Lease Space Lease Price Sevier Crossing ~ New Retail Development with Lease Space Available 7621 Chapman Highway Knoxville, TN ,000 +/- SF **See Agent 1 Mile 3 Mile 5 Mile Population 1,672 9,977 37,290 Average Household Income $70,295 $63,518 $57,702 Market Overview Traffic Counts Chapman Highway 34,880 ADT E. Governer John Sevier 13,333 ADT E. Governer John Sevier 14,950 ADT Map Property located on the SE corner of Chapman Highway & Mountain Grove Drive Traffic light intersection allows for easy in and out access Proposed retail shops with 14,000 +/- SF Available South Knox trade area with retail synergy including Wal-Mart, Lowe s, Food City, Etc Recent retail expansion and growth with several new developments that include retailers such as Salsarita s, Firehouse Subs, Freddy s, Sport Clips, Noire, American Family Care, Starbucks, Aspen Dental, etc High growth area with traffic counts of 34,880 on Chapman Highway Regional trade area that is driven by the key intersection of SITE two prominent corridors: Chapman Highway & E. Governor John Sevier Highway

3 Regional Map Data Retrieved 2015 Knoxville, Tennessee (MSA) SUBJECT SITE

4 Market Aerial Knoxville (Downtown) Tennessee River Knoxville Downtown Island Airport The University of Tennessee Ijams Nature Center French Broad River Aqua-Chem FedEx Freight USF Holland Melaleuca Con-Way Freight Smoky Mtn. Material Green Mtn. Coffee Roasters 30,379 ADT Chapman Highway 34,880 ADT 13,333 ADT E. Governor John Sevier Highway SUBJECT SITE

5 13,333 ADT Mid Aerial Chapman Highway & John Sevier Highway 30,935 ADT 13,333 ADT Chapman Highway 34,880 ADT E. Governor John Sevier Highway Mountain Drive Grove 27,850 ADT South Knoxville 14,950 ADT Subject Site (7621 Chapman Highway)

6 Close Aerial 13,333 ADT E. Governor John Sevier 34,880 ADT 14,950 ADT Chapman Highway Mountain Grove Drive Subject Site (7621 Chapman Highway) Knoxville, TN

7 Bird s Eye Aerial Looking Northeast E. Governor John Sevier 34,880 ADT Chapman Highway Mountain Grove Drive Site (7621 Chapman Highway)

8 Bird s Eye Aerial Looking Southwest Site (7621 Chapman Highway) Chapman Highway Mountain Grove Drive 34,880 ADT E. Governor John Sevier

9 Bird s Eye Aerial Looking North 14,950 ADT E. Governor John Sevier 34,880 ADT Site (7621 Chapman Highway) Mountain Grove Drive Chapman Highway

10 Conceptual Site Plan (2 Buildings)

11 Survey

12 7621 Chapman Highway Income Map

13 Demographic Summary KEY FACTS EDUCATION (5 Mile Radius) 2017 Daytime Population 37,290 Population % 2017 Total Daytime Population 29, Average Household Size Median Age $43,758 Median Household Income No High School Diploma 35% High School Graduate 31% Some College 23% Bachelor's/Grad/Prof Degree 2017 Daytime Population: Workers 2017 Daytime Population: Residents 10,879 18,718 BUSINESS Total Retail Sales EMPLOYMENT 58% 1,075 Total Businesses 10,839 Total Employees $468,375,738 Total Retail Sales White Collar Blue Collar Services 27% 15% 3.2% Unemployment Rate 7621 Chapman Hwy, Knoxville, Tennessee, Average Household Income ANNUAL HOUSEHOLD SPENDING $1,472 $111 $2,416 $57,702 Apparel & Services Computers & Hardware Eating Out 2017 Average Household Income $3,658 Groceries $4,358 Health Care

14 Knoxville MSA Overview MARKET ECONOMIC INFORMATION POPULATION FIGURES Knoxville, TN DMA Ranked 62nd out of 210 DMA markets in U.S. KNOXVILLE, TN MSA CITY OF KNOXVILLE POPULATION KNOX COUNTY POPULATION TOP EMPLOYERS 1. U.S. Department of Energy Oak Ridge 2. Covenant Health 3. University of Tennessee 4. Mercy Health Partners 5. Wal Mart Stores 6. K VA T Food Stores (Food City) 7. State of Tennessee 8. University Health Systems 9. Knox County Government 10. Denso Manufacturing 11. Clayton Homes 12. Dollywood 13. Blount Memorial Hospital 14. Blount County Schools 15. Yum Brands MSA SECTOR BREAKDOWN ON EMPLOYMENT Industry Construction Finance, Insurance, Real Estate Government Manufacturing Total Durable Goods Nondurable Goods Services Trade Transportation, Communications, & Public Utilities UNIVERSITIES & COLLEGES The University of Tennessee Pellissippi State Community College Roane State Comm. College (Harriman) Tusculum College (Greeneville) Carson Newman Bryan College (Dayton) Maryville College Tennessee Wesleyan College South College Johnson University AREA HOSPITALS University of Tennessee Medical Center Fort Sanders Regional Medical Center St. Mary s Medical Center Baptist Hospital of East Tennessee Parkwest Medical Center Lakeshore Mental Health Institute East Tennessee Children s Hospital 1,346, , , ,226 Employees 12,927 9,016 8,754 5,711 4,869 3,853 3,834 3,727 3,021 3,000 2,695 2,573 2,180 2,100 2,000 Employees 17,200 15,100 55,200 47,700 32,000 15,700 96,400 91,000 15,600 Enrollment 26,877 11,259 6,801 2,128 1,713 1,466 1,213 1,080 1, # of Beds KNOXVILLE, TENNESSEE [MARKET TRADE AREA PROFILE] LEGEND: ROANE COUNTY PRIMARY TRADE AREA SECONDARY TRADE AREA TERTIARY TRADE AREA OAK RIDGE Population 31,793 Avg HH Inc. $65,241 Median Age 43.8 LENOIR CITY Population 27,688 Avg HH Inc. $60,902 Median Age 43.6 ANDERSON COUNTY TURKEY CREEK / FARRAGUT Population 50,746 Avg HH Inc. $118,628 Median Age 44.5 LOUDON COUNTY Population 84,892 Avg HH Inc. $58,595 Median Age 37.3 CEDAR BLUFF Population 73,241 Avg HH Inc. $91,916 Median Age 38.7 Clinton Highway POWELL / NORTH SECTOR BEARDEN HALLS / FOUNTAIN CITY Population 63,803 Avg HH Inc. $60,563 Median Age 40.4 Pellissippi Parkway Alcoa Highway MARYVILLE / ALCOA Broadway Population 90,800 Avg HH Inc. $59,871 Median Age 41.8 UNION COUNTY Knoxville Chapman Highway SOUTH KNOXVILLE Population 36,447 Avg HH Inc. $50,282 Median Age 37.8 Population 22,305 Avg HH Inc. $97,489 Median Age 41.9 BLOUNT COUNTY Maynardville Highway KNOX COUNTY NORTHEAST KNOXVILLE Population 30,211 Avg HH Inc. $61,864 Median Age 40.7 STRAWBERRY PLAINS Population 14,892 Avg HH Inc. $52,834 Median Age 43.8 DOWNTOWN / INNER CIRCLE Population 71,415 Avg HH Inc. $34,559 Median Age 30.4 GRAINGER COUNTY SEVIER COUNTY JEFFER COUN GREENBRIER real estate advisors