Building Details

Tenancy Single

Listing Agency: Holrob Commercial Realty m***@holrob.com Show Phone

Listed By: Mark Shipe · License #TN 278541

Source: Crexi

Added: Apr 10 Changed: Jul 23 Last Checked: Jul 31 at 2:26PM

Report an Issue

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 Holrob Commercial Realty

Investment Insights

Based on property information with market context.

Available for sale in Turkey Creek, this leasehold and improvements package includes a 4,760-square-foot free-standing building on Parkside Drive. The property is currently leased with AT&T corporate, which has been a tenant for ten years and just exercised its first five-year option. The ground lease has five years remaining, along with six additional five-year options.

Turkey Creek is described as a premier shopping area in Knoxville, anchored by major retailers including Target, Ann Taylor, Pier One, Talbots, Ethan Allen, Chico's, and others. The center area also includes more than 60 restaurants, and the nearby Regal Pinnacle Stadium with 18 screens, including IMAX. Traffic counts for Parkside Drive at this location are reported at 20,000+ vehicles per day.

This offering presents an opportunity to acquire a free-standing retail asset within an established retail and entertainment hub, supported by an in-place corporate tenant and long-term ground lease extension options.

Key Highlights

• 4,760 SF free‑standing retail building on Parkside Drive as part of a leasehold with improvements
• AT&T corporate tenant for 10 years; exercised its first five‑year option
• Ground lease has 5 years remaining, with six additional 5‑year options

Property Analytics

Current Use

AT&T Digital Life ... Security Service AT&T Store Mobile Phone Store

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Law Firm Dental Office Auto Repair Shop HVAC Service

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

20,000 VPD

Traffic count

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

541

Businesses Nearby

Explore this area Business Placement

Demographics for 37934, TN

27,414

Population

10,702

Households

2.6

Avg Household Size

45

Median Age

62%

College-Educated

98%

High-School Grad

17.4 sq mi

ZIP Area

1,576

Density / Sq Mi

$135,472

Median Household Income

$63,674

Median Earnings

$1,810

Median Rent

$473,600

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Frequently Asked Questions

What type of property is this?

Retail space - Leasehold with improvements featuring a free-standing retail building on Parkside Drive with 20,000+ daily traffic.

Where is this retail space located?

The property is located at 11555 Parkside Dr Farragut, TN.

What are key features of this property?

This property features: 4,760 SF free‑standing retail building on Parkside Drive as part of a leasehold with improvements; AT&T corporate tenant for 10 years; exercised its first five‑year option; Ground lease has 5 years remaining, with six additional 5‑year options