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Grey-Shell Retail Space
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3928-3932 Martin Luther King Jr Ave, Knoxville, TN 37914

Unfinished commercial interior within a building where renovation is complete in four of five spaces.

Space Size1,500 SF
Days on Market29

Property Features for 3928-3932 Martin Luther King Jr Ave

General Information

Standard status Active
Size 1,500 SF
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 3928-3932 Martin Luther King Jr Ave Contact us

Grey Shell - Burlington Village - Newly Remodeled Bldg - Only Space left $14/SF/Yr

Size
1,500 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Newly renovated building (4 out of 5 spaces complete), interior and exterior in the...
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Listing Agency: Greater Impact Realty Knoxville
Listed By: Lisa McNealy
Source: Moodyscre
Added: Jul 15 Changed: Aug 9 Last Checked: Aug 11 at 11:56AM

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 Greater Impact Realty Knoxville

Investment Insights

Based on property information with market context.

The retail space offers 1,500 square feet in a grey-shell condition, providing an unfinished interior for the next business occupant to complete. Renovation work has been completed in 4 of the building’s 5 spaces, including improvements to the building’s interior and exterior.

Located at 3928-3932 Martin Luther King Jr Ave in Knoxville, the property is within Burlington Village, a district undergoing revitalization. Streetscape work includes sidewalks, crosswalks, and lighting, with a new fire station located nearby. The site fronts a heavily traveled street, providing a direct position within the surrounding commercial area.

Key Highlights

  • 1,500‑square‑foot retail space
  • Grey‑shell interior ready for tenant buildout
  • Renovation completed in 4 of 5 spaces

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Hair Salon Cafe & Coffee Shop Garden Center

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

NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

326
Businesses Nearby

Demographics for 37914, TN

20,587
Population
9,861
Households
2.1
Avg Household Size
43
Median Age
24%
College-Educated
89%
High-School Grad
39.7 sq mi
ZIP Area
519
Density / Sq Mi
$55,933
Median Household Income
$36,321
Median Earnings
$988
Median Rent
$204,300
Median Home Value

Market

Lease Benchmarks for Knoxville, TN

$26.45 /SF/Yr
Avg Asking Price
$13–$42 /SF/Yr
Price Range
6,430 SF
Avg Space Size

This space is priced 47% below the average of $26.45 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Retail space - Unfinished commercial interior within a building where renovation is complete in four of five spaces.
Where is this retail space located?
The property is located at 3928-3932 Martin Luther King Jr Ave Knoxville, TN.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 1,500‑square‑foot retail space; Grey‑shell interior ready for tenant buildout; Renovation completed in 4 of 5 spaces
(480) 544-7606 Call to check price and availability
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