Flex Office-Warehouse with Fenced
For Lease
$11.50 SF/Yr
1640 Island Home Ave, Knoxville, TN 37920
Two-building flex facility offers office and warehouse space with loading, overhead doors, and a secure fenced yard.
Space Size21,952 SF
Days on Market42
Property Features for 1640 Island Home Ave
General Information
Standard status
Active
Size
21,952 SF
Property subtype
Industrial
Lease Term
NNN
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Building Details
Building Size
21,952 SF
Year Built
1950
Spaces For Lease
at 1640 Island Home Ave Contact us- Size
- 21,952 SF
- Type
- Flex Space
- Term
- Negotiable
(copy) $11.50/SF/Yr
- Size
- 21,952 SF
- Type
- Flex Space
- Term
- Negotiable
1640 Island Home Ave $11.50/SF/Yr
Listing Agency:
NAI Koella RM Moore - Knoxville
(865) 567-8515
Listed By:
Mary Ellen Kilburn · License #350637
(865) 567-8515
Source:
Koellamoore
Added: Jul 13
Changed: Aug 23
Last Checked: Aug 18 at 9:28AM
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 NAI Koella RM Moore - Knoxville
Investment Insights
Based on property information with market context.
Flexible office and warehouse property available for lease at 1640 Island Home Avenue in Knoxville’s South Waterfront area. The site includes approximately 21,952 square feet across two buildings and can be leased in its entirety or divided for a smaller footprint. Building 1 offers about 10,600 square feet, including 3,000 square feet of office space and 7,600 square feet of warehouse space. Building 2 includes about 11,352 square feet, with 1,600 square feet of office space and 9,752 square feet of warehouse space, plus a secure fenced yard for additional outdoor storage and operational flexibility.
Island Home Avenue provides direct access, and the property is approximately 0.6 miles from I-40, supporting efficient movement throughout the Knoxville interstate network. The location is described as being just southeast of Downtown Knoxville, providing quick connections to downtown, the University of Tennessee, major employment centers, and the surrounding East Tennessee region.
The facility includes loading and overhead door access and provides ample maneuvering and storage areas, along with prominent frontage along Island Home Avenue.
Island Home Avenue provides direct access, and the property is approximately 0.6 miles from I-40, supporting efficient movement throughout the Knoxville interstate network. The location is described as being just southeast of Downtown Knoxville, providing quick connections to downtown, the University of Tennessee, major employment centers, and the surrounding East Tennessee region.
The facility includes loading and overhead door access and provides ample maneuvering and storage areas, along with prominent frontage along Island Home Avenue.
Key Highlights
- Two‑building flex facility for lease with approx. 21,952 SF total space (10,600 SF Building 1 and 11,352 SF Building 2).
- Building 1 includes approx. 3,000 SF office and 7,600 SF warehouse space.
- Building 2 includes approx. 1,600 SF office and 9,752 SF warehouse space, plus a secure fenced yard for outdoor storage.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.72 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
150
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 37920, TN
41,210
Population
20,180
Households
2
Avg Household Size
37
Median Age
34%
College-Educated
91%
High-School Grad
72.3 sq mi
ZIP Area
570
Density / Sq Mi
$61,348
Median Household Income
$35,591
Median Earnings
$1,092
Median Rent
$231,300
Median Home Value
Market
Lease Benchmarks for Knoxville, TN
$13.07 /SF/Yr
Avg Asking Price
$9–$17 /SF/Yr
Price Range
10,139 SF
Avg Space Size
This space is priced 12% 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 - Two-building flex facility offers office and warehouse space with loading, overhead doors, and a secure fenced yard.
Where is this flex space located?
The property is located at 1640 Island Home Ave Knoxville, TN.
What is the lease rate?
The lease rate is $11.50 SF/Yr.
What are key features of this property?
This property features: Two‑building flex facility for lease with approx. 21,952 SF total space (10,600 SF Building 1 and 11,352 SF Building 2).; Building 1 includes approx. 3,000 SF office and 7,600 SF warehouse space.; Building 2 includes approx. 1,600 SF office and 9,752 SF warehouse space, plus a secure fenced yard for outdoor storage.
