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Downtown Knoxville Retail Space Available
For Lease
$20 SF/Yr

201 W 5th Ave, Knoxville, TN 37917

New retail spaces available in downtown Knoxville, Tennessee.

Property Size3,850 SF
Days on Market147

Property Features for 201 W 5th Ave

General Information

Standard status Active
Size 3,850 SF
Property subtype Retail

Building Details

Year Built 1910
Listing Agency:
Listed By: Roger M. Moore, Jr, SIOR
Source: Naiglobal
Added: Mar 6 Changed: Jul 10 Last Checked: Jul 30 at 4:15AM

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 Roger M. Moore, Jr, SIOR

Investment Insights

Based on property information with market context.

New retail spaces are available in downtown Knoxville. The property is within walking distance of the Old City and downtown's breweries, restaurants, and shopping. It is easily accessible from the interstate and convenient to the University of Tennessee students and faculty. The building is visible from the Interstate. Surface parking is available. The current space condition is raw shell. Two spaces are available that can be leased together or separately, offering between 1,800 and 3,850 square feet. Tenant improvements are available.

Key Highlights

  • High‑visibility location easily accessible from the Interstate.
  • Prime downtown Knoxville location within walking distance to Old City amenities (breweries, restaurants, shopping).
  • Surface parking available.

Property Analytics

Current Use

The Upcoming Events Marketing & Advertising The Lucerne Condos Condominium Complex

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Pet Grooming Service Butcher Nursing Home Clothing & Fashion Store

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

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,617
Businesses Nearby

Demographics for 37917, TN

25,013
Population
14,216
Households
1.8
Avg Household Size
39
Median Age
31%
College-Educated
87%
High-School Grad
9.5 sq mi
ZIP Area
2,633
Density / Sq Mi
$51,232
Median Household Income
$37,853
Median Earnings
$1,063
Median Rent
$189,100
Median Home Value

Market

Lease Benchmarks for Knoxville, TN

$24.17 /SF/Yr
Avg Asking Price
$17–$32 /SF/Yr
Price Range
17,906 SF
Avg Space Size

This space is priced 17% below the average of $24.17 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Retail space - New retail spaces available in downtown Knoxville, Tennessee.
Where is this retail space located?
The property is located at 201 W 5th Ave Knoxville, TN.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: High‑visibility location easily accessible from the Interstate.; Prime downtown Knoxville location within walking distance to Old City amenities (breweries, restaurants, shopping).; Surface parking available.
More about this property
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