6725 Malone Crk Dr, Knoxville, TN 37931

This is the last remaining first-generation retail space available within a busy shopping center that had 1.3 million visits in 2024. The Grassy Creek Shopping Center is anchored by a Food City grocery store, which opened in the first quarter of 2021. Food City (KVAT Food Stores) ranks as the 33rd largest grocer in the US, operating 127 stores and employing over 16,000 individuals across Tennessee, Georgia, Virginia, and Kentucky, with sales exceeding $2 billion. The shopping center is located at the intersection of Oak Ridge Highway and Schaad Road. Oak Ridge Highway (TN-62) has recently been widened to five lanes, connecting Karns with Downtown Knoxville. Schaad Road is a new five-lane ring road designed to connect I-75 in North Knoxville with I-40/75 in West Knoxville, and is on track for completion in 2024. Upon the completion of Schaad Road in 2024, the combined traffic count is projected to be 52,910 vehicles per day (CDM Smith TIA). The area has limited inventory and high growth, with excellent schools and over 2,376 new homes approved in the trade area. This location is one of the few areas in Knox County with remaining developable land for residential growth. The property offers easy access and visibility via new project roads signalized at Oak Ridge Highway and the new Schaad Road. It serves the growing Karns community of Knoxville and is convenient to employees in the CBD, Pellissippi Technology Corridor, Oak Ridge National Lab/DOE Installation, and the University of Tennessee. The space is warm shell.