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128 Pawnook Farm Road, Lenoir City, TN 37771

Two Class A distribution centers totaling 431,378 square feet.

Space Size147,668 SF - 209,250 SF
Lot Size72.00 Acres
Days on Market187

Property Features for 128 Pawnook Farm Road

General Information

Standard status Active
Size 147,668 SF - 209,250 SF
Lot size 72.00 Acres
Property subtype Industrial

Spaces For Lease

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Knoxville Logistics Center Phase II - 128 Pawnook Farm Rd, Lenoir City, TN

Size
147,668 SF
Type
Industrial
Availability
Available
Knoxville Logistics Center—two distribution centers totaling 431,378 square feet—is...
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Knoxville Logistics Center Phase III - 425 Sam Rayburn Pkwy, Lenoir City, TN

Size
209,250 SF
Type
Industrial
Availability
Available
~209,250 SF distribution center located in the Roane Regional Business and Technology...
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Listing Agency: CBRE, Inc.
Listed By: Brian Tapp, SIOR, CCIM
Source: Cbre
Added: Mar 25 Changed: Sep 23 Last Checked: Sep 26 at 6:33AM

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 CBRE, Inc.

Investment Insights

Based on property information with market context.

Two distribution centers, totaling 431,378 square feet, are located in the Roane Regional Business and Technology Park in Roane County, Tennessee. These Class A rear load facilities feature state-of-the-art building specifications suitable for e-commerce, manufacturing, and distribution users. Situated on an approximately 72-acre site, the developments include above market trailer and auto parking counts as well as future industrial outdoor storage. Knoxville Logistics Center Phase II is located at 128 Pawnook Farm Rd. Knoxville Logistics Center Phase III is a build-to-suit at 425 Sam Rayburn Pkwy. Knoxville Logistics Center Phases II and III are located in the Roane Regional Business and Technology Park (RRBTP), a new 655-acre industrial park geared toward light to medium industry in a campus-like setting. More than a dozen industries are located in the park, which is anchored by H.T. Hackney, a wholesale food distributor. Volkswagen's newest parts distribution center is under construction at the park's main entrance. The Roane Regional Business and Technology Park is five minutes from the I-75 corridor and within a day's drive of two-thirds of the country's population. The site is bordered to the north by the Clinch River and to the south by Interstate 40, where it is served by a dedicated interchange "Industrial Park Rd" (Exit 362). The property features 32' clear height and 55' x 52' columns, with approximately 2,100 square feet of spec office space. This is new construction.

Key Highlights

  • Two Class A distribution centers totaling 431,378 square feet, ideal for e‑commerce, manufacturing, and distribution.
  • Located in the Roane Regional Business and Technology Park, near major companies and transportation routes.
  • Proximity to I‑75 and I‑40, placing it within a day's drive of two‑thirds of the U.S. population.

Property Analytics

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Current Use

Distribution centers

Suggested Use

Top Pick Building Supply Plumbing Service Auto Repair Shop Grocery & Convenience Store Big Box & Wholesale Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

38
Businesses Nearby

Demographics for 37771, TN

16,822
Population
7,573
Households
2.2
Avg Household Size
40
Median Age
19%
College-Educated
86%
High-School Grad
50.1 sq mi
ZIP Area
336
Density / Sq Mi
$62,338
Median Household Income
$33,330
Median Earnings
$946
Median Rent
$236,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Distribution center - Two Class A distribution centers totaling 431,378 square feet.
Where is this distribution center located?
The property is located at 128 Pawnook Farm Road Lenoir City, TN.
What are key features of this property?
This property features: Two Class A distribution centers totaling 431,378 square feet, ideal for e‑commerce, manufacturing, and distribution.; Located in the Roane Regional Business and Technology Park, near major companies and transportation routes.; Proximity to I‑75 and I‑40, placing it within a day's drive of two‑thirds of the U.S. population.
More about this property
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