For Sale $4,300,000
Property Type Industrial - Storage
Property Size 117,200 SF
Lot Size 4.36 Acre
Additional Rent Contact for pricing
Property Tenancy Multi-Tenant
Date Updated Nov 14, 2024
Dock High Doors 5
Grade Level Doors 8
HVAC None

The subject property is centrally located in Knoxville Tennessee near the intersection of I-640 and Broadway.NAI is pleased to present the opportunity to acquire a +/- 117,200 square foot multi-tenant industrial building for less than $37 per square foot. The building is located on 4.359 acres of land zoned Mixed-Use Industrial. The site has excellent visibility from I-640 with an average daily traffic count of 89,826. A large portion of the building is being used as self-storage. Other tenants include a furniture warehouse, sports training, and a gym. The blended occupied rental rate is only $2.87/SF. CoStar has the market rental rate per area at $8.33/SF. This gives an investor a great opportunity to significantly increase its rate of return. Note – This is an equitable interest sale offering. Also, a portion of the property lies in a flood zone per FEMA Flood Map (47093C0143G effective date August 05, 2013).

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Contacts

James Roberson

NAI Koella | RM Moore

Location

Getting Around

Walk Score ®
48/100 Car-Dependent
Transit Score ®
28/100 Some Transit
Bike Score ®
37/100 Somewhat Bikeable

Map
Street

City Knoxville, TN
Neighborhood Fountain City
Zip Code 37918
Market Knoxville

Points of Interest

Three Rivers Rambler

4.52 miles

Kroger

1.04 miles
Exxon

1.30 miles
BP

2.36 miles
Delta Express

2.46 miles
Pilot

2.46 miles
Quik Stop

2.91 miles
Fuel City

2.93 miles
Blink

3.63 miles
Tesla Supercharger

7.10 miles

Jackson Lot

3.27 miles
SP+

3.35 miles
Jackson Avenue Lot

3.39 miles
Caldonia Pass

3.47 miles
Marble Alley Lofts Garage

3.51 miles
Promenade Garage

3.56 miles
Civic Auditorium and Coliseum Garage B

3.58 miles
Civic Auditorium and Coliseum Garage A

3.61 miles
Market Square Parking Garage

3.62 miles
State Street Parking Garage

3.63 miles

Buddy's Bar-B-Q

0.30 miles
Hardee's

0.57 miles
Dunkin'

0.61 miles
Shoney's

0.63 miles
Chipotle

0.63 miles
Panda Express

0.65 miles
Krispy Kreme

0.69 miles
Arby's

0.70 miles
Taco Bell

0.72 miles
Bojangles'

0.72 miles

Food City

0.54 miles
Big Lots

0.64 miles
Kroger

1.11 miles
Ingles

2.41 miles
Target

2.54 miles
Big D's

3.01 miles
ALDI

3.50 miles
Walmart Supercenter

3.52 miles
Mast General Store

3.56 miles
The Market at Union & Gay

3.63 miles

CVS Pharmacy

0.76 miles
Walgreens

0.91 miles
AFC Urgent Care

1.11 miles
Knoxville Fire Department

1.52 miles
Planned Parenthood

2.52 miles
City of Knoxville Fire Department Station No. 7

2.76 miles
Norwood

3.08 miles
The Phoenix Pharmacy and Fountain

3.58 miles
Knoxville Fire Department - Downtown

3.67 miles
University of Tennessee Police Department

4.00 miles

Frequently Asked Questions

How much does Value-Add Multi-Tenant Industrial cost?

The space currently listed for sale at Value-Add Multi-Tenant Industrial asks for $4,300,000.

What is the total square footage of Value-Add Multi-Tenant Industrial?

Value-Add Multi-Tenant Industrial totals 117,200 square feet.

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