Flex Warehouse Sublease
For Lease
$9 SF/Yr
3600 Papermill Drive Northwest, Knoxville, TN 37909
Three sublease spaces totaling 70,408 SF with offices, central HVAC, and multiple dock-high and drive-in doors.
Space SizeContact for details
Days on Market89
Property Features for 3600 Papermill Drive Northwest
General Information
Standard status
Active
Property subtype
Industrial
Listing Agency:
CBRE, Inc.
(865) 498-6500
Listed By:
Brian Tapp, SIOR, CCIM · License #351092
(865) 498-6500
Source:
Cbre
Added: May 16
Changed: Aug 12
Last Checked: Aug 12 at 12:49PM
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.
Three separate flex/warehouse spaces totaling 70,408 SF are available for sublease in West Knoxville. Tenant D includes 59,738 SF with a 16,900 SF two-story office build-out, 20'-25' clear heights, central HVAC, and 1,200A/120-480V power. The warehouse features 50' x 50' typical column spacing, with 25' bay spacing along the loading dock perimeter, and multiple dock-high doors plus drive-in overhead doors, including five 12' x 12' grade-level doors, five 12' x 12' dock-high doors, one 16' x 16' oversized grade-level door, and one 8' x 8' service/personnel door. Two-sided interstate billboard option is available for negotiation.
Tenant A offers 6,333 SF with 5,801 SF warehouse and 532 SF office, three 12' x 12' overhead doors with covered loading, and 21'9" eave/17'3" clear height. Its column spacing is 25' x 25', with independent entry and loading.
Also on-site is a 4,337 SF maintenance garage with 3,650 SF shop and 687 SF office, configured with three 14' x 15' overhead doors for drive-through fleet use, 20'10" eave/18' clear height, and an office with private restroom and storage. The property includes direct I-40 frontage at the I-640 interchange, is zoned I-G, and sits on a 5.77-acre multi-tenant site. Steel construction with a standing-seam metal roof was renovated in 2018, and sublease terms run through 1/31/2031.
Tenant A offers 6,333 SF with 5,801 SF warehouse and 532 SF office, three 12' x 12' overhead doors with covered loading, and 21'9" eave/17'3" clear height. Its column spacing is 25' x 25', with independent entry and loading.
Also on-site is a 4,337 SF maintenance garage with 3,650 SF shop and 687 SF office, configured with three 14' x 15' overhead doors for drive-through fleet use, 20'10" eave/18' clear height, and an office with private restroom and storage. The property includes direct I-40 frontage at the I-640 interchange, is zoned I-G, and sits on a 5.77-acre multi-tenant site. Steel construction with a standing-seam metal roof was renovated in 2018, and sublease terms run through 1/31/2031.
Key Highlights
- Three sublease spaces totaling 70,408 SF available in West Knoxville, with office space and warehouse/flex configurations.
- Tenant D: 59,738 SF flex/warehouse with 16,900 SF two‑story office build‑out; 20'-25' clear heights; central HVAC.
- Extensive loading for Tenant D with multiple dock‑high and drive‑in doors plus covered loading (five 12' x 12' dock‑high, five 12' x 12' grade‑level, plus oversized 16' x 16').
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
356
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 37909, TN
16,066
Population
8,076
Households
2
Avg Household Size
35
Median Age
45%
College-Educated
94%
High-School Grad
6.8 sq mi
ZIP Area
2,363
Density / Sq Mi
$61,365
Median Household Income
$36,974
Median Earnings
$1,156
Median Rent
$273,900
Median Home Value
Market
Lease Benchmarks for Knoxville, TN
$13.07 /SF/Yr
Avg Asking Price
$9–$17 /SF/Yr
Price Range
10,610 SF
Avg Space Size
This space is priced 31% below the average of $13.07 /SF/Yr.
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Three sublease spaces totaling 70,408 SF with offices, central HVAC, and multiple dock-high and drive-in doors.
Where is this flex space located?
The property is located at 3600 Papermill Drive Northwest Knoxville, TN.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: Three sublease spaces totaling 70,408 SF available in West Knoxville, with office space and warehouse/flex configurations.; Tenant D: 59,738 SF flex/warehouse with 16,900 SF two‑story office build‑out; 20'-25' clear heights; central HVAC.; Extensive loading for Tenant D with multiple dock‑high and drive‑in doors plus covered loading (five 12' x 12' dock‑high, five 12' x 12' grade‑level, plus oversized 16' x 16').
