Single-Tenant Flex
For Sale
Contact for pricing
Pending
10140 Gallows Point Dr, Knoxville, TN 37931
Two-building industrial asset secured by a triple-net lease with annual rent increases.
Property Size67,000 SF
Lot Size9.09 Acres
Days on Market143
Property Features for 10140 Gallows Point Dr
General Information
Standard status
Pending
Size
67,000 SF
Lot size
9.09 Acres
Property subtype
Office
Occupancy
100%
Building Details
Buildings
2
Tenancy
Single
Listing Agency:
Avison Young - Knoxville
Listed By:
Luke Adkins · License #TN 336187
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Apr 11 at 2:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Avison Young - Knoxville
Investment Insights
Based on property information with market context.
This flex and industrial property includes two buildings totaling 67,000 SF on 9.09 acres at 10140 Gallows Point Dr in Knoxville, Tennessee. The site is occupied by Rural Metro of Tennessee, L.P. under an early extension of its original lease term.
The lease provides a triple-net expense structure, with the landlord retaining responsibility for roof and structural repairs. Contractual rent increases by 2.5% annually during the primary term, followed by two five-year renewal options. The property is offered for sale as a single-tenant commercial asset.
The lease provides a triple-net expense structure, with the landlord retaining responsibility for roof and structural repairs. Contractual rent increases by 2.5% annually during the primary term, followed by two five-year renewal options. The property is offered for sale as a single-tenant commercial asset.
Key Highlights
- Two buildings totaling 67,000 SF on 9.09 acres
- Occupied by Rural Metro of Tennessee, L.P.
- Early ten‑year extension of the original ten‑year lease
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
175
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 37931, TN
31,358
Population
12,770
Households
2.5
Avg Household Size
38
Median Age
45%
College-Educated
94%
High-School Grad
28.4 sq mi
ZIP Area
1,104
Density / Sq Mi
$91,284
Median Household Income
$52,207
Median Earnings
$1,450
Median Rent
$317,100
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Two-building industrial asset secured by a triple-net lease with annual rent increases.
Where is this flex space located?
The property is located at 10140 Gallows Point Dr Knoxville, TN.
What are key features of this property?
This property features: Two buildings totaling 67,000 SF on 9.09 acres; Occupied by Rural Metro of Tennessee, L.P.; Early ten‑year extension of the original ten‑year lease
