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Freestanding Restaurant Building with Walk-Ins
For Lease
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5604 Merchants Center Blvd, Knoxville, TN 37912

Freestanding restaurant building with walk-in cooler and freezer, plus tables and booths, near I-75 and Merchant Drive traffic.

Property Size5,025 SF
Days on Market149

Property Features for 5604 Merchants Center Blvd

General Information

Standard status Active
Size 5,025 SF
Property subtype RETAIL
Lease Type SF/yr

Space & Availability

Space Use Restaurant
Furnished Yes

Additional Details

Highway Access Yes
Equipment Included Yes
Listing Agency: Southland Brokers
Listed By: Raj Cheema
Source: Moodyscre
Added: Mar 5 Changed: Jul 30 Last Checked: Jul 31 at 12:26PM

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 Southland Brokers

Investment Insights

Based on property information with market context.

Freestanding restaurant building measuring 5,025 square feet, offered for lease as a ready-to-operate space. The property includes walk-in cooler and walk-in freezer, a 3-compartment sink, and a seating set-up with tables, booths, and chairs, along with other essential restaurant fixtures.

The building is located in a high-traffic commercial corridor just off I-75 in Knoxville, in the Merchant Drive area. Traffic counts include 86,026 vehicles per day on I-75 and 17,743 vehicles per day on Merchant Drive. The site is surrounded by hotels, retail shops, and other commercial businesses.

This large format restaurant space is positioned for an operator seeking a freestanding footprint with on-site restaurant equipment and straightforward tenant use.

Key Highlights

  • 5,025 SF freestanding restaurant building
  • Walk‑in cooler and walk‑in freezer included
  • 3‑compartment sink plus tables, booths, and chairs

Property Analytics

Current Use

IHOP Restaurant Pardon My Cheesesteak Courier Service TenderFix by Noah ... Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Spa & Massage Center Electrical Service Gym & Fitness Center Skin Care Clinic

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
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

686
Businesses Nearby
Under-served
Demand for This Use

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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Freestanding restaurant building with walk-in cooler and freezer, plus tables and booths, near I-75 and Merchant Drive traffic.
Where is this conventional restaurant located?
The property is located at 5604 Merchants Center Blvd Knoxville, TN.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: 5,025 SF freestanding restaurant building; Walk‑in cooler and walk‑in freezer included; 3‑compartment sink plus tables, booths, and chairs
(865) 466-7240 Call to check price and availability
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