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    Retail Flex Showroom with Roll-Up Bays Title is generated by Realmo AI

    1345 Callahan Dr, Knoxville, TN 37912

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    New
    For Sale
    $3,000,000

    A showroom-forward flex building with roll-up garage bays and office support for service, light industrial, or display use.

    Type:Industrial
    Property size:
    13,920 SF
    Price / SF:
    $215/SF
    Added:
    Jun 9, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 12 at 1:40 am

    Property Features for 1345 Callahan Dr

    General Information

    Standard status
    Active
    Size
    13,920 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    2007

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    Listing Contact
    Matthew Strother
    Matthew Strother

    Listing agent Matthew Strother License #369177

    Listing office SVN I Wood Properties

    Listing date Jun 9, 2026

    Source Svnwood

    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 SVN I Wood Properties

    HighLights

    • 13,920 SF retail/flex building built in 2007
    • 150 ft of frontage on Callahan Drive with 23,000 VPD traffic counts
    • Located 1 mile from I‑75 (86,000 VPD) for convenient access
    • Upgraded showroom with 12’-14’ clear ceiling heights for display, sales, or service use
    • Rear section includes two garage bays with 12’ clear roll‑up doors
    • Interior includes four offices, four restrooms, and a break room/kitchenette

    Overview

    This retail/flex building is designed to support both customer-facing showroom activity and day-to-day operations. The upgraded showroom features 12’–14’ ceiling heights, providing an open environment for retail display, contractor sales, service use, light industrial work, or distribution. The interior also includes four offices, four restrooms, and a break room/kitchenette. At the rear, there are two garage bays equipped with roll-up doors and 12’ clear heights.

    The property is located on Callahan Drive and offers approximately 150 feet of frontage. The site is described as having traffic counts of 23,000 VPD, with convenient access to Interstate 75 approximately one mile away, where traffic is described as 86,000 VPD.

    For buyers seeking a flexible space that can handle both showroom and operational functions, the combination of high-ceiling showroom area, office and restroom amenities, and rear roll-up bays supports multiple use profiles. It may be suitable for users looking for space that accommodates retail display or service activities while maintaining loading or service access at the rear.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $300.7k $21.60
    − Vacancy −$15.0k −$1.08
    EGI $285.6k $20.52
    − OpEx −$85.7k −$6.16
    NOI $199.9k $14.36
    13,920 SF · lease $21.60/SF/yr · vacancy 5.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $2.86M
    $2.50M – $3.33M (±1% cap)
    NOI $199,947 @ 7.0% cap · market cap 6.66%
    Second Best
    Office B
    $2.63M
    $2.30M – $3.07M (±1% cap)
    NOI $184,162 @ 7.0% cap · market cap 6.14%
    Theoretical Best
    Office A
    $3.45M
    $3.02M – $4.02M (±1% cap)
    NOI $241,339 @ 7.0% cap · market cap 8.04%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Performance Products Auto Parts Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Firehouse Subs Clinton Hwy — 2431 Callahan Dr, Knoxville, TN 37912

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -84.00996
    Latitude
    36.019566

    FAQs

    What type of property is this?
    Flex space - A showroom-forward flex building with roll-up garage bays and office support for service, light industrial, or display use.
    Where is this flex space located?
    The property is located at 1345 Callahan Dr Knoxville, TN.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: 13,920 SF retail/flex building built in 2007; 150 ft of frontage on Callahan Drive with 23,000 VPD traffic counts; Located 1 mile from I‑75 (86,000 VPD) for convenient access
    More about this property
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