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Freestanding Restaurant Building
For Lease
$16,200/Mo

208 Advantage Place, Knoxville, TN 37922

Commercial Lease, Knoxville, TN

Space Size5,720 SF
Lot Size1.35 Acres
Days on Market54

Property Features for 208 Advantage Place

General Information

Property type Commercial Lease
Property subtype Other
Zoning C-R-2
Parking 50
Exterior features Rain Gutters, Storage
Lot features City Lot, Paved
Directions From I-40/I-75 North, take Exit 378A (Cedar Bluff Road). Travel north on Cedar Bluff Road approximately 0.7 miles and turn left onto Advantage Place. Property will be on the right at 208 Advantage Place. From Kingston Pike, travel south on Cedar Bluff Road approximately 1.0 mile and turn right onto Advantage Place. Property will be on the right. Conveniently located in West Knoxville's premier Cedar Bluff business corridor with immediate access to I-40, I-75, Turkey Creek, and Downtown Knoxville.
Subdivision Knoxville
Standard status Active
APN 119 02802
Size 5,720 SF
Lot size 1.35 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 31052

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Central Air, Heat Pump, Gas (Cooling)
Water source Public

Building Details

Year built 1986
Floors in Building 1
Flooring type Tile - Ceramic, Carpet
Building materials Block, Frame, Stone, Wood Siding
Additional Structures Storage
Listing Agency: The Preferred Way d/b/a The Forge Real Estate
Listed By: Pam Harwell
Added: Jul 22 Changed: Sep 12 Last Checked: Sep 13 at 2:06PM
MLS# 313018

Copyright © 2026 Great Smoky Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This freestanding restaurant-class commercial building contains 5,720 square feet on approximately 1.35 acres. The flexible floor plan supports a range of commercial uses subject to C-R-2 zoning and applicable approvals. Improvements include block, frame, stone, and wood siding construction, ceramic tile and carpet flooring, central air, heat-pump systems, gas cooling, storage, rain gutters, and cable availability. Public water and public sewer serve the property, which was built in 1986.

Located at 208 Advantage Place in Knoxville, the property provides access to I-40 and I-75. The surrounding area includes national retailers, hotels, medical facilities, corporate offices, and other businesses. Turkey Creek, Downtown Knoxville, Oak Ridge, and McGhee Tyson Airport are identified as nearby destinations. The property is offered for long-term lease, with a stated lease term of 5 years or more, subject to negotiation.

Key Highlights

  • 5,720‑square‑foot freestanding building on 1.35 acres
  • C‑R‑2 zoning with a flexible commercial floor plan
  • Access to I‑40 and I‑75

Property Analytics

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Current Use

Famous Dave's Bar-B-Que Restaurant

Suggested Use

Top Pick Auto Parts Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Florist Plumbing Service Tanning Salon

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$5.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,659
Businesses Nearby
Balanced
Demand for This Use

Demographics for 37922, TN

39,623
Population
15,390
Households
2.6
Avg Household Size
41
Median Age
70%
College-Educated
98%
High-School Grad
27.7 sq mi
ZIP Area
1,430
Density / Sq Mi
$126,638
Median Household Income
$67,973
Median Earnings
$1,672
Median Rent
$468,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Knoxville, TN

4.6% 2019
5.5% 2020
4.5% 2021
4.3% 2022
4.2% 2023
4.2% 2024
5.1% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Flexible commercial layout with public water and sewer service, ample parking, and access to major regional routes.
Where is this conventional restaurant located?
The property is located at 208 Advantage Place Knoxville, TN.
What is the lease rate?
The lease rate is $16,200/Mo.
What are key features of this property?
This property features: 5,720‑square‑foot freestanding building on 1.35 acres; C‑R‑2 zoning with a flexible commercial floor plan; Access to I‑40 and I‑75
More about this property
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