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    6760 Malone Crk Dr Knoxville, TN

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    For Sale
    $2,253,632

    New construction retail property with a corporately guaranteed lease.

    Property size:
    10,000 SF
    Lot size:
    2.39 Acres

    Property Features for 6760 Malone Crk Dr

    General Information

    Size
    10,000 SF
    Lot size
    2.39 Acres

    Source: Passov Real Estate Group Agent Alex Van Krevel

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Retail Construction in Knoxville

    This is a brand new construction retail property with a NNN lease structure and a 10-year corporately guaranteed lease. It is part of Grassy Creek, a $45 million, 30-acre grocery-anchored retail development completed in 2021, averaging 1.2 million customer visits per year. The property is ideally positioned between a 57,000 square foot Food City grocery anchor and a Big Orange Storage facility with over 700 units, and directly across from a Pure Magic Carwash, which receives 312,000 customer visits per year. The property has direct access from the intersection of Oak Ridge Highway and Schaad Rd, which combines for 35,328 vehicles per day. It is located 15 minutes from Downtown Knoxville.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -83.9195075
    Latitude
    35.9605077

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    FAQs

    What type of property is this?
    Storefront property - New construction retail property with a corporately guaranteed lease.
    Where is this storefront property located?
    The property is located at 6760 Malone Crk Dr Knoxville, TN.
    What is the asking price?
    The asking price for this property is $2,253,632.
    What are key features of this property?
    This property features: - 10-year corporately guaranteed NNN lease structure; - Part of Grassy Creek, a $45 million grocery-anchored retail development with high customer traffic (1.2M visits/year); - Brand new construction
    (216) 831-8100
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6760 Malone Crk Dr Knoxville, TN
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