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Duncan and Greer Center 237 E Broadway
1,500 - 16,000 SF of Space Available in Newport, TN 37821
Space Availability (3)
Display Rent as
- Space
- Size
- Ceiling
- Term
- Rent
- Service Type
| Space | Size | Ceiling | Term | Rent | Service Type | |
| 2nd Floor, Ste Suite 5 | 1,500-6,000 SF | 14 ft | 5-30 Years | £27.39 /SF/PA £2.28 /SF/MO £294.78 /m²/PA £24.56 /m²/MO £164,315 /PA £13,693 /MO | Triple Net | |
| 3rd Floor - roof top | 2,000-4,000 SF | 14 ft | 5-30 Years | £19.56 /SF/PA £1.63 /SF/MO £210.56 /m²/PA £17.55 /m²/MO £78,245 /PA £6,520 /MO | Triple Net | |
| 3rd Floor, Ste Suite 7 | 6,000 SF | 12 ft 6 in - 13 ft 6 in | 5-30 Years | £27.39 /SF/PA £2.28 /SF/MO £294.78 /m²/PA £24.56 /m²/MO £164,315 /PA £13,693 /MO | Triple Net |
2nd Floor, Ste Suite 5
fire sprinkler system under construction.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Finished Ceilings: 14 ft
3rd Floor - roof top
fire sprinkler system under construction. Will be available spring 2024 Ideal for roof top bar
- Lease rate does not include utilities, property expenses or building services
- Finished Ceilings: 14 ft
- Located in-line with other retail
- Roof Top Space
3rd Floor, Ste Suite 7
3rd floor space 6000sf. Ideal Tennant has experience in a boutique hotel/unique accommodations or loft apartments. this space would make 10-15 great suites. Lease is negotiable based on level of build out.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- High Ceilings
- Exposed Ceiling
- Finished Ceilings: 12 ft 6 in - 13 ft 6 in
- Common Parts WC Facilities
- Downtown
- restaurant and coffee shop in the building
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT Duncan and Greer Center
- Tenant
- Description
- US Locations
- Reach
- Neighborhood Beehouse
- Accommodation and Food Services
- -
- -
- Pizza at the cove
- Accommodation and Food Services
- 1
- -
- Snowbird Mountain Coffee
- Accommodation and Food Services
- -
- -
| Tenant | Description | US Locations | Reach |
| Neighborhood Beehouse | Accommodation and Food Services | - | - |
| Pizza at the cove | Accommodation and Food Services | 1 | - |
| Snowbird Mountain Coffee | Accommodation and Food Services | - | - |
PROPERTY FACTS FOR 237 E Broadway , Newport, TN 37821
| Min. Divisible | 1,500 SF | Gross Internal Area | 22,866 SF |
| Property Type | Retail | Year Built/Renovated | 1908/2023 |
| Property Subtype | Restaurant | Parking Ratio | 0.83/1,000 SF |
| Min. Divisible | 1,500 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Internal Area | 22,866 SF |
| Year Built/Renovated | 1908/2023 |
| Parking Ratio | 0.83/1,000 SF |
About the Property
WELCOME TO THE DUNCAN & GREER CENTER! 1st floor is sold out, 2nd floor has 6000 sf available, 3rd floor has 6000 sf available. 2nd floor - looking to bring a "social" type of atmosphere in a portion and office space in the rest. 3rd floor - 12-15 studio apartments. Willing to lease the entire space to a tenant to buildout and sublet individual units, jv, etc. Flexible Rooftop - roof top bar, venue space for private parties, etc. Tennessee Valley Canabis opened in September 2022, Snowbird Mountain Coffee opened here as their 3rd location in December 2023. Neighborhood Beer House opened their 3rd location here and the Axe House Tavern opened their 4th location in November 2023. The ideal tenant for the other half of the second floor would be another exclusive high end dining food service or an activity/amusement tenant retro arcade, duck pin bowling, etc. either of these would support the current tenant mix and would benefit from the current tenants. The 3rd floor could go towards accommodations like a small luxury boutique hotel with 10-15 suites or loft apartments. Another option for the 3rd floor could be a large resort quality spa. The rooftop is available for a 4,000 sf outdoor dining experience. The 2400 sf block is undergoing tenant buildout that includes Pizza at the Coves 3rd location, Broadway Cigar shop, and three loft style apartments upstairs. Some of the future common space amminities at the Duncan & Greer Center will be an outdoor stage in the back of the building and an area between the block building and the main building will have a pocket park setting for family and friends to gather while enjoying activities like cornhole, boccee ball, horseshoes, etc. The common areas will be completed after building construction completes.
- Conferencing Facility
- Corner Lot
- Courtyard
- Restaurant
- Tenant Controlled HVAC
- Wheelchair Accessible
- Roof Terrace
- Storage Space
- Air Conditioning
- Balcony
Nearby Major Retailers
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Duncan and Greer Center | 237 E Broadway
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