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    115 Peters Rd Knoxville, TN 37923

    Sponsored
    For Lease
    $15 SF/Yr

    Prime Shopping Center, 1,400-24,502 SF

    Lot size:
    25,902 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Town & Country Commons in Knoxville, Tennessee, offers exceptional retail space within a thriving shopping center. This Class B property, located at 115 N Peters Rd, zip code 37923, in Knox County, presents two distinct opportunities. One space totals 1,400 square feet, ideal for a smaller retailer seeking a high-visibility location. A larger, contiguous space of 24,502 square feet is also available, providing ample room for expansion or a larger tenant. Both spaces are currently vacant and ready for immediate occupancy. The minimum divisible space is 1,400 square feet, and the maximum contiguous space available is also 1,400 square feet. The property is categorized as a multi-tenant shopping center, reflecting its established position within the Cedar Bluff submarket. This location benefits from strong market dominance and high foot traffic, making it an attractive option for businesses seeking a prime retail presence in Knoxville. Detailed information on lease terms and conditions is available upon request. This is a rare opportunity to secure retail space in a highly sought-after location. Inquire today to learn more about this exceptional property.

    Property Features for 115 Peters Rd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    25,902 SF
    Class
    B

    Unit(s) available at that property

    Space
    Stan Bass Photography Space
    Size
    1,400 SF
    Rate per SF
    $22
    Space
    Former Tuesday Morning Space
    Size
    24,502 SF
    Rate per SF
    $15

    HighLights

    • Established 650,000 SF regional retail center in Knoxville, TN.
    • Excellent co‑tenancy and convenient local access.
    • Tenant improvement packages available.
    • High visibility from I‑40 and Kingston Pike.
    Property Profile Location Intelligence

    Current Use by Public Records

    Stan Bass Portrait ... Portrait Studio The Santa Experience - Stan ... Portrait Studio

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -84.08281705816
    Latitude
    35.913183243737

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Shopping Center, 1,400-24,502 SF
    Where is this lifestyle center located?
    The property is located at 115 Peters Rd Knoxville, TN.
    What is the lease rate?
    The lease rate is $15-$22 SF/Yr.
    What are key features of this property?
    This property features: Established 650,000 SF regional retail center in Knoxville, TN.; Excellent co-tenancy and convenient local access.; Tenant improvement packages available.
    Request Owner's contact information
    115 Peters Rd Knoxville, TN 37923
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    Knoxville, TN 37923
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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
    115 Peters Rd Knoxville, TN 37923
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