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Property profile & analytics
FOR LEASE
Outlet malls

9305 Kingston Pike Knoxville, TN 37922

64,210 SF 5.08 ac lot Built 1987
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US80-1596162
9305 Kingston Pike, Knoxville, TN 37922 For Lease
$18 SF/Yr 1,530 SF available
9305 Kingston Pike, Knoxville, TN 37922
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Property summary
AI-generated overview

This exceptional 31,557-square-foot warehouse space presents a remarkable opportunity for retailers seeking a high-traffic location in the thriving Cedar Bluff market. Currently available for lease in the first quarter of 2025, this single-tenant property boasts an enviable position near a concentration of major retailers, including Academy Sports, Floor and Décor, Kroger Marketplace, Lowe's, Best Buy, Guitar Center, and Main Event. The surrounding area is a bustling shopping hub, anchored by well-established businesses such as AutoZone, Home Depot, Planet Fitness, Gabe's, and Karm, ensuring consistent customer flow. The property benefits from exceptional visibility, enhanced by a daily traffic count of 16,397 vehicles and the availability of pylon signage. This Knox County warehouse offers a strategic advantage for businesses aiming to establish a strong presence in a high-demand retail corridor. Its size and location make it suitable for a variety of retail uses, capitalizing on the significant foot traffic and strong neighboring tenants. The property's prime location and high visibility make it an ideal choice for businesses seeking to maximize their market reach and brand exposure within a vibrant and established retail environment. Inquire today to learn more about this exceptional opportunity.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1987
Construction LIGHT FRAME
Total area 64,210 SF
Lot 5.08 ac (221,285 SF)
APN 132 02612
UPID US80-1596162
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • American Freight - Appliance, Furniture, Mattress Furniture & Home Goods Home Decor Store
  • Kimberlee Kilgore Pharmacy
  • David Stasiak Pharmacy
  • Sidney Haney Pharmacy
  • Debra Wildi Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.20M
Blend (final) Blend
$8.07M
Owner & transaction history
Richard Briggs · 4 yrs held
Richard Briggs
since 2022
Last sale
$7.4M
7 recorded transactions
2022
$7.4M
2021
Price N/A
2019
$4.4M
2018
Price N/A
2015
$3.5M
2014
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $13.0M +51.8%
Neighborhood: shopping center $12.4M +44.2%
Auto repair, garage $10.3M +19.7%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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