Knoxville, TN Commercial Real Estate for Lease and Sale

Explore 217 listings of Knoxville commercial real estate to find the best space for your business.

17 Market Square (Downtown Knoxville)

17 Market Sq Ste 201, Market Street District, Knoxville, TN
Property

Office

19,775 SF
For Sale

$7,500,000
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2043 Castaic Lane

2043 Castaic Lane, Robinson Crossroads, Knoxville, TN
Property

Office

13,563 SF
Availability

1 Space

1,850 SF
For Lease

$21.00/SF/YR
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MEDICAL/OFFICE SPACE AVAILABLE FOR LEASE

8904 Cross Park Dr, Cedar Bluff, Knoxville, TN
Property

Office

10,680 SF
Availability

1 Space

5,825 SF
Year Built

1982
For Lease

$18.00/SF/YR
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1750 Commons Point Centerpoint Blvd

1750 Commons Point Centerpoint Blvd, Centerpoint Business Park, Knoxville, TN
Property

Office

11,617 SF
Availability

3 Spaces

5,809 SF
For Lease

$24.50/SF/YR
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Cahaba Lane

Cahaba Lane, Strawberry Plains Pike, Knoxville, TN
Property

VacantLand

8.8 Acre
For Sale

$350,000
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0 Hardin Valley Road

0 Hardin Valley Road, Southern Shade, Knoxville, TN
Property

VacantLand

0.86 Acre
For Sale

$599,000
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2400 Sutherland Ave

2400 Sutherland Ave, Marble City, Knoxville, TN
Property

Office

40,000 SF
Availability

2 Spaces

33,029 SF
Year Built

1969
For Lease

$12.00 - $18.00/SF/YR
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Halls Center

6950 Maynardville Pike, Halls, Knoxville, TN
Property

Retail

143,653 SF
Availability

6 Spaces

24,812 SF
Year Built

1963
For Lease

$14.00/SF/YR
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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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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 3,396,882 square feet of office space across 74 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 455 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 2,556,957 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 424,479 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 Retail space, which accounts for 623,190 square feet of available listings. Office space available in Knoxville adds up to 514,208 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 $19.63 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. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $22.82 per square foot, industrial space in Knoxville saw average rents of $12 per square foot.
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 Turkey Creek 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 $45.88 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 48,527 square feet.
- Retail properties here incorporate an average of 53,270 square feet.
- Industrial space in Knoxville is in buildings that are, on average 32,653 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 1,930,972 square feet. The market offers 58 active office listing(s), which amount to 514,208 square feet and account for 44% of commercial spaces on the market. Local retail availability includes 623,190 square feet across 38 retail space(s). Industrial space for rent opportunities in Knoxville amount to 214,588 square feet across a total of 10 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	58	514,208
Retail	38	623,190
Industrial	10	214,588
Other	23	578,986

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 891,727 square feet of commercial property for sale here , which includes 16 office building(s) for sale , 16 retail investment opportunity listing(s) , and 4 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	16	249,401
Retail	16	145,452
Industrial	4	174,071
Other	42	322,803

About us

CommercialCafe is your go-to commercial real estate listing source. We partner with highly respected major brokerages from across the country to ensure high-quality listings that are updated frequently. Our online marketplace lists all commercial property types from office, coworking, retail, and industrial to special purpose properties.

CommercialCafe is a trusted Yardi brand and is an integral part of the CommercialEdge network — the fastest-growing network of online real estate marketplaces, which ranks on the 1st page of Google for all top markets, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts.

Knoxville, TN Commercial Real Estate for Lease and Sale

17 Market Square (Downtown Knoxville)

2043 Castaic Lane

MEDICAL/OFFICE SPACE AVAILABLE FOR LEASE

1750 Commons Point Centerpoint Blvd

Cahaba Lane

0 Hardin Valley Road

2400 Sutherland Ave

Halls Center

1110 Callahan Dr

Frequently Asked Questions

Knoxville, TN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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