Knoxville, Tennessee, a city with a rich history and cultural significance, is an ideal location for restaurants, offering a unique blend of Appalachian charm and urban amenities. With a population of around 190,000, Knoxville provides a diverse customer base for restaurants, from students and faculty at the University of Tennessee to professionals and families. The city's infrastructure, including the Knoxville Utilities Board (KUB) and Knoxville Area Transit (KAT), ensures a reliable and efficient environment for businesses to operate. Additionally, Knoxville's proximity to the Great Smoky Mountains National Park and its scenic beauty make it an attractive destination for tourists, further increasing the potential customer base for restaurants. With 7 restaurants for lease in Knoxville, entrepreneurs and investors have a wide range of options to choose from, each offering a unique opportunity to capitalize on the city's growing food scene.
Knoxville's restaurants for lease offer a diverse range of opportunities, from casual eateries to fine dining establishments. With average annual rent per square foot at $16 USD, and spaces ranging from 3,400 square feet to 3,400 square feet, there's a restaurant space to suit every business need. In addition to restaurants, Knoxville also offers a range of other commercial properties, including retail space, commercial real estate, and flex space, each with its own unique characteristics and advantages. For example, retail space in Knoxville is ideal for businesses looking to capitalize on the city's thriving downtown area, while commercial real estate offers a range of options for businesses seeking to establish a presence in the city. Flex space, with its versatility and adaptability, is perfect for businesses that require a unique or customized environment. Whatever the business need, Knoxville's diverse range of commercial properties has something to offer.
How are restaurant leases typically structured?
Restaurant leases in Knoxville are typically structured as triple-net (NNN) leases, where the tenant is responsible for paying rent, property taxes, insurance, and maintenance costs, with average annual rent per square foot ranging from $16 USD. Lease terms usually vary from 5 to 10 years, with an average size of 3,400 square feet and a maximum space size of 3,400 square feet, offering flexibility for restaurateurs to establish their businesses in this growing city.
What kitchen equipment is usually included in restaurant leases?
When searching for a restaurant lease in Knoxville, you'll find that many listings include essential kitchen equipment, such as commercial-grade refrigerators, freezers, ovens, stoves, and dishwashers, which can help you get your business up and running quickly. With 7 available listings of restaurants for lease in Knoxville, you're likely to find a space that meets your needs, with average annual rent per square foot of $16 USD and average size of 3,400 square feet, ranging up to 3,400 square feet.
