Knoxville, TN Commercial Real Estate for Lease and Sale

Explore 169 listings of Knoxville commercial real estate to find the best space for your business.

8537 Asheville Hwy

8537 Asheville Hwy, Trentville, Knoxville, TN
Property

Office

8,000 SF
Availability

2 Spaces

1,600 SF
Year Built

1996
For Lease

$15.00/SF/YR
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312 S Gay St

312 S Gay St, Downtown Knoxville, Knoxville, TN
Property

Retail

10,292 SF
For Sale

$5,674,900
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6212 Kingston Pike

6212 Kingston Pike, Bearden Hill, Knoxville, TN
Property

Retail

1,227 SF
Year Built

1945
For Sale

$1,084,900
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The Center at Deane Hill

220 Morrell Road, Deane Hill, Knoxville, TN
Property

Retail

389,137 SF
Availability

3 Spaces

56,556 SF
Year Built

1997
For Lease Contact for pricing
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2710 Sanderson Rd

2710 Sanderson Rd, Country Sites, Knoxville, TN
Property

Office

1,832 SF
Year Built

2000
For Sale

$547,770
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312 Prosperity Drive, Knoxville, TN

312 Prosperity Drive, Suite 103, Cedar Bluff, Knoxville, TN
Property

Office

1,500 SF
Availability

1 Space

1,500 SF
For Lease

$24.00/SF/YR
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Woodruff Building

424 S Gay St, Downtown Knoxville, Knoxville, TN
Property

Retail

52,000 SF
Year Built

1905
For Sale

$11,000,000
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2400 Sutherland Ave

2400 Sutherland Ave, Marble City, Knoxville, TN
Property

Office

40,000 SF
Availability

1 Space

21,877 SF
Year Built

1969
For Lease

$12.00/SF/YR
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LandOak Office Park, Suite 4

10241 Kingston Pike, Land Oak, Knoxville, TN
Property

Office

7,800 SF
Availability

1 Space

2,475 SF
Year Built

1998
For Lease

$22.00/SF/YR
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4662 Holston Dr

4662 Holston Dr, Holston Hills, Knoxville, TN
Property

Office

5,000 SF
Year Built

2008
For Sale

$897,000
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1110 Callahan Dr

1110 Callahan Dr, Callahan, Knoxville, TN
Property

VacantLand

1.16 Acre
For Sale

$499,000
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940 Blackstock Ave

940 Blackstock Ave, Warehouse District, Knoxville, TN
Property

Industrial

64,559 SF
Year Built

1900
For Sale

$3,500,000
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LandOak Office Park

10263 Kingston Pike, Land Oak, Knoxville, TN
Property

Office

3,800 SF
Availability

1 Space

3,800 SF
Year Built

1991
For Lease

$20.00/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Knoxville commercial real estate market incorporates 3,209,201 square feet of office space across 71 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Knoxville, the coworking segment of the commercial real estate market incorporates about 255 square feet.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Knoxville commercial real estate market includes 1,534,036 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Knoxville market, there is a total of 297,108 square feet of industrial property.

The listing inventory in Knoxville incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Knoxville is represented by Office space, which accounts for 560,795 square feet of available listings. Retail space available in Knoxville adds up to 507,961 square feet.

Meanwhile, most of the listings of commercial property for sale in Knoxville are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Knoxville is $20.42 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Knoxville can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Knoxville, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Knoxville is in the Cedar Bluff neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Cedar Bluff area.

Meanwhile, retail space opportunities are most abundant in the North Knoxville submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Halls.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $34 per square foot. In particular, the property type commanding the highest lease rates in Knoxville was Office space.

Conversely, the highest sale price last year was $35,000,000 that is located at 9721 Sherrill Blvd.

The average size of a commercial property in Knoxville depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Knoxville, the average size of an office property is 48,625 square feet.
Retail properties here incorporate an average of 37,416 square feet.
Industrial space in Knoxville is in buildings that are, on average 29,711 square feet in size.

Knoxville, TN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Knoxville currently add up to 1,469,083 square feet. The market offers 58 active office listing(s), which amount to 570,116 square feet and account for 56% of commercial spaces on the market. Local retail availability includes 526,589 square feet across 34 retail space(s). Industrial space for rent opportunities in Knoxville amount to 57,440 square feet across a total of 7 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	58	570,116
Retail	34	526,589
Industrial	7	57,440
Other	4	314,938

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Knoxville, TN. Currently, there is 834,285 square feet of commercial property for sale here , which includes 14 office building(s) for sale , 13 retail investment opportunity listing(s) , and 5 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	14	159,333
Retail	13	140,587
Industrial	5	240,517
Other	31	293,848

Knoxville, TN Commercial Real Estate for Lease and Sale

8537 Asheville Hwy

312 S Gay St

6212 Kingston Pike

The Center at Deane Hill

2710 Sanderson Rd

312 Prosperity Drive, Knoxville, TN

Woodruff Building

2400 Sutherland Ave

LandOak Office Park, Suite 4

4662 Holston Dr

1110 Callahan Dr

940 Blackstock Ave

LandOak Office Park

Frequently Asked Questions

Knoxville, TN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Knoxville, TN Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Knoxville, TN?

What factors affect the price of commercial real estate in Knoxville, TN?

What is the average rent for commercial space in Knoxville, TN?

What are the best areas for commercial real estate in Knoxville, TN?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Knoxville, TN?

Knoxville, TN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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About us