Sherwin Williams Retail
For Sale
Contact for pricing
Pending
2305 CALLAHAN DR, Knoxville, TN 37912
Established retail property with a 2007 construction date and an identified Sherwin Williams occupant.
Property Size5,000 SF
Days on Market108
Property Features for 2305 CALLAHAN DR
General Information
Standard status
Pending
Size
5,000 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$81,324
Building Details
Year Built
2007
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Encore Real Estate Investment Services
Listed By:
Matt Weber · License #MI 6501365625
(248) 702-0285
Source:
Crexi
Added: Jun 30
Changed: Oct 15
Last Checked: Oct 15 at 12:08AM
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 Encore Real Estate Investment Services
Investment Insights
Based on property information with market context.
This storefront retail property is located at 2305 Callahan Drive in Knoxville, Tennessee. The building was constructed in 2007 and is identified with Sherwin Williams, providing a clearly defined retail-oriented asset profile.
Knoxville is an established East Tennessee market with economic activity spanning health care, education, manufacturing, energy, technology, logistics, and tourism. The city is served by Interstates 40, 75, and 81 and functions as a regional center for commerce, employment, and cultural activity. Downtown destinations, major institutions, and nearby outdoor attractions contribute to the broader market context.
Knoxville is an established East Tennessee market with economic activity spanning health care, education, manufacturing, energy, technology, logistics, and tourism. The city is served by Interstates 40, 75, and 81 and functions as a regional center for commerce, employment, and cultural activity. Downtown destinations, major institutions, and nearby outdoor attractions contribute to the broader market context.
Key Highlights
- Storefront retail property at 2305 Callahan Drive, Knoxville, TN 37912
- Identified with Sherwin Williams
- Constructed in 2007
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,820
Cap Rate
5.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,436,400
$1.4M
Cap Rate 7%
$1,026,000
$1.0M
Cap Rate 9%
$798,000
$798.0K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$108.0K $21.60/SF
− Vacancy
−$5.4K −$1.08/SF
EGI
$102.6K $20.52/SF
− OpEx
−$30.8K −$6.16/SF
NOI
$71.8K $14.36/SF
Area
Knoxville, TN
Vacancy
5.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,436,400
Cap Rate 7%
$1,026,000
Cap Rate 9%
$798,000
Alternative Uses
Best Use
Retail
$1.03M
$897.8K – $1.20M
NOI $71,820 @ 7.0% cap · market cap 5.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M
NOI $86,688 @ 7.0% cap · market cap 6.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
452
Businesses Nearby
278k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 34%
Shops & Services 22%
Home Improvements & Furnishings 20%
Groceries 14%
Target
Superstores
94,227 visits/mo
0.2 miles
Lowe's
Home Improvements & Furnishings
52,965 visits/mo
0.1 miles
Hobby Lobby
Shops & Services
43,870 visits/mo
0.2 miles
Kroger
Groceries
39,239 visits/mo
0.3 miles
Scooter's Coffee
Dining
9,809 visits/mo
0.4 miles
Demographics for 37912, TN
22,313
Population
10,916
Households
2
Avg Household Size
36
Median Age
23%
College-Educated
88%
High-School Grad
10.6 sq mi
ZIP Area
2,105
Density / Sq Mi
$44,754
Median Household Income
$30,859
Median Earnings
$1,050
Median Rent
$185,600
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Established retail property with a 2007 construction date and an identified Sherwin Williams occupant.
Where is this storefront property located?
The property is located at 2305 CALLAHAN DR Knoxville, TN.
What is the asking price?
The asking price for this property is $1,302,000.
What are key features of this property?
This property features: Storefront retail property at 2305 Callahan Drive, Knoxville, TN 37912; Identified with Sherwin Williams; Constructed in 2007
