Freestanding Restaurant Building with
For Lease
Contact for pricing
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.
Space Size5,025 SF
Days on Market239
Property Features for 5604 Merchants Center Blvd
General Information
Standard status
Active
Size
5,025 SF
Property subtype
RETAIL
Lease Type
NNN
Space & Availability
Space Use
Restaurant
Furnished
Yes
Additional Details
Highway Access
Yes
Equipment Included
Yes
Spaces For Lease
at 5604 Merchants Center Blvd
Form IHOP Location
$24/SF/Yr
Size
5,025 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
Excellent Restaurant Opportunity – Former IHOP Location
Prime opportunity to acquire a freestanding restaurant building with over 5,000 square feet, located in a high-traffic commercial corridor just off I-75. This property offers outstanding visibility and convenient access in the rapidly growing Merchant Drive corridor.
The building comes equipped with many essential restaurant fixtures including a walk-in cooler, walk-in freezer, 3-compartment sink, tables, booths, and chairs, making it ideal for a restaurant operator or investor looking to open quickly.
Surrounded by hotels, retail shops, and numerous commercial businesses, the location benefits from strong nearby traffic and established consumer demand.
Traffic Counts (TDOT):
I-75: 86,026 vehicles per day
Merchant Drive: 17,743 vehicles per day
This is a rare opportunity to secure a large, ready-to-operate restaurant space in one of Knoxville’s busiest commercial corridors.
Contact us
Listing Agency:
Southland Brokers
(865) 694-6111
Listed By:
Raj Cheema
(865) 466-7240
Source:
Moodyscre
Added: Mar 5
Changed: Oct 25
Last Checked: Oct 30 at 5:43PM
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
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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.
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
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
533
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Knoxville, TN
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
