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    1104 Merchant Dr Knoxville, TN 37912

    Sponsored
    For Lease
    $11 SF/Yr ($8,092 /Mo)

    8,444 SF Office Building, 2,098 SF Available

    Lot size:
    8,444 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class B office building, located at 1104 Merchant Drive in Knoxville, Tennessee, presents a unique leasing opportunity. Situated on a substantial 36,116 square foot lot, the property boasts a total of 8,444 square feet of office space within a single suite. Currently, 2,098 square feet are immediately available for lease, ideal for an executive office or a small business seeking a prominent location. The building is zoned O and its address is conveniently located near the intersection of Merchant Drive and Clinton Highway in Knox County's North submarket. The property's Asset Property Number (APN) is 068NH007. This is a multi-tenant building, offering the potential for expansion within the building should your needs grow. The property's strategic location in the North submarket of Knoxville provides easy access to major transportation routes and amenities. This is an excellent opportunity to secure high-quality office space in a thriving area of Knoxville. The property offers a blend of functionality and accessibility, making it an attractive option for businesses seeking a well-established presence in the city. Inquire today to learn more about this exceptional leasing opportunity.

    Property Features for 1104 Merchant Dr

    General Information

    Property type
    Office buildings
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,444 SF
    Class
    B
    Total Rate
    8092.17

    Unit(s) available at that property

    Space
    Suite 105
    Size
    2,098 SF
    Rate per SF
    $11

    HighLights

    • 2,098 SF lower‑level suite.
    • High‑traffic location near restaurants, banks, shops, and residences.
    • Immediately available.
    • Suite 105: 2,098 SF.
    • $11.50/SF NNN base rent.
    • NNN expenses estimated at $3.00/SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Brackett and Strunk, PLLC Bankruptcy Attorney Dr. Carl J. ... Family Practice Physician Aardvark Family Services Family Service Center The Hub Pro Studio ... Business Networking Company Brackett & Strunk Attorney

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -83.9826727
    Latitude
    36.0029202

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    FAQs

    What type of property is this?
    Office building - 8,444 SF Office Building, 2,098 SF Available
    Where is this office building located?
    The property is located at 1104 Merchant Dr Knoxville, TN.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: 2,098 SF lower-level suite.; High-traffic location near restaurants, banks, shops, and residences.; Immediately available.
    Request Owner's contact information
    1104 Merchant Dr Knoxville, TN 37912
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1104 Merchant Dr Knoxville, TN 37912
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