Strip Mall

Knoxville, TN Strip Malls for Sale

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Established Retail Building For Sale
Updated: Apr 3
Established Retail Building For Sale

7804 Montvue Center Way, Knoxville, TN 37919

$3,118,000
10,800 sqft
Two established NNN tenants offer a stable investment.
Attractive building.
Anytime Fitness is a tenant.
Big Kahuna Wings is a tenant.
Enjoy a 6.85% return.
View details
Retail Strip Center Development Opportunity
Updated: Nov 21, 2025
Retail Strip Center Development Opportunity

7220 Chapman Hwy, Knoxville, TN 37920

$2,500,000
High growth, high traffic location with excellent visibility.
Development opportunity with excess land.
Retail strip center provides existing income.
Value‑add upside potential.
Ideal for QSR development on retail land/pad.
View details
See hot listings in Knoxville

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 2 Active listings in Knoxville, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multi-Tenant Strip Mall
Multi-Tenant Strip Mall

405 S Armstrong, Rogersville, TN 37857

$679,900
5,850 sqft

Four tenants occupy the property, with vacant space available for a fifth business.

View details
Multi-Tenant Strip Center
Multi-Tenant Strip Center

405 S Armstrong, Rogersville, TN 37857

$679,900
5,850 sqft

Four occupied tenant spaces and vacant area for a fifth business provide a multi-tenant configuration.

View details
Multi-Tenant Retail NNN Building
Multi-Tenant Retail NNN Building

1897 S Main Street, Waynesville, NC 28786

$5,100,000
7,300 sqft

New 7,300 SF retail building with four national tenants on long-term NNN leases and rent escalations.

View details
Retail Building with Shell Space
Retail Building with Shell Space

34 Maple Street, Waynesville, NC 28786

$695,000
0.58 AC lot

Three existing tenants provide rental occupancy alongside unleased space suited to leasing or owner use.

View details

Off-Market Properties in Knoxville, TN

Consider similar Off-Market properties in Knoxville, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

514 Merchant Dr
SHOPPING CENTER, STRIP CENTER

514 Merchant Dr, Knoxville, TN 37912-3851

Estimated value:
$280,000
5,568 sqft 0.46 AC lot
View details
512 Merchant Dr
SHOPPING CENTER, STRIP CENTER

512 Merchant Dr, Knoxville, TN 37912-3851

Estimated value:
$280,000
4,600 sqft 0.46 AC lot
View details
2519 Martin Luther King Jr Ave
SHOPPING CENTER, STRIP CENTER

2519 Martin Luther King Jr Ave, Knoxville, TN 37914-5455

Estimated value:
$310,000
5,160 sqft 0.45 AC lot
View details
4620 Old Broadway St Ste, Unit 101
SHOPPING CENTER, STRIP CENTER

4620 Old Broadway St Ste, Knoxville, TN 37918-1759

Unit 101
Estimated value:
$365,000
8,934 sqft
View details
12500 Kingston Pike
SHOPPING CENTER, STRIP CENTER

12500 Kingston Pike, Knoxville, TN 37934

Estimated value:
$905,000
14,508 sqft 11.84 AC lot
View details
926 Cherry St
SHOPPING CENTER, STRIP CENTER

926 Cherry St, Knoxville, TN 37917-7011

Estimated value:
$220,000
4,000 sqft 0.44 AC lot
View details
402 Cedar Blf Rd
SHOPPING CENTER, STRIP CENTER

402 Cedar Blf Rd, Knoxville, TN 37923-3627

Estimated value:
$1,565,000
8,514 sqft 1.02 AC lot
View details
1645 Downtown W Blvd, Unit 12
SHOPPING CENTER, STRIP CENTER

1645 Downtown W Blvd, Knoxville, TN 37919-5411

Unit 12
Estimated value:
$170,000
1,295 sqft 0.02 AC lot
View details
156 End Ave
SHOPPING CENTER, STRIP CENTER

156 End Ave, Knoxville, TN 37934-2822

Estimated value:
$1,200,000
49,887 sqft 6.99 AC lot
View details
1645 Downtown W Blvd, Unit 3
SHOPPING CENTER, STRIP CENTER

1645 Downtown W Blvd, Knoxville, TN 37919-5587

Unit 3
Estimated value:
$250,000
1,274 sqft 0.02 AC lot
View details
1645 Downtown W Blvd, Unit 36
SHOPPING CENTER, STRIP CENTER

1645 Downtown W Blvd, Knoxville, TN 37919-5411

Unit 36
Estimated value:
$305,000
1,563 sqft 0.02 AC lot
View details
2525 Martin Luther King Jr Ave
SHOPPING CENTER, STRIP CENTER

2525 Martin Luther King Jr Ave, Knoxville, TN 37914-5455

Estimated value:
$180,000
2,990 sqft 0.45 AC lot
View details
1645 Downtown W Blvd, Unit 6
SHOPPING CENTER, STRIP CENTER

1645 Downtown W Blvd, Knoxville, TN 37919-5411

Unit 6
Estimated value:
$265,000
1,266 sqft 0.02 AC lot
View details
1645 Downtown W Blvd, Unit 35
SHOPPING CENTER, STRIP CENTER

1645 Downtown W Blvd, Knoxville, TN 37919-5411

Unit 35
Estimated value:
$225,000
1,613 sqft 0.02 AC lot
View details
3125 Lakemoor Vw Rd
SHOPPING CENTER, STRIP CENTER

3125 Lakemoor Vw Rd, Knoxville, TN 37920-2868

Estimated value:
$680,000
14,448 sqft 2.50 AC lot
View details
8620 Asheville Hwy
SHOPPING CENTER, STRIP CENTER

8620 Asheville Hwy, Knoxville, TN 37924-4107

Estimated value:
$450,000
18,060 sqft 1.02 AC lot
View details
7614 Chapman Hwy
SHOPPING CENTER, STRIP CENTER

7614 Chapman Hwy, Kimberlin Heights, TN 37920-9152

Estimated value:
$150,000
12,717 sqft 2.93 AC lot
View details
1645 Downtown W Blvd, Unit 31
SHOPPING CENTER, STRIP CENTER

1645 Downtown W Blvd, Knoxville, TN 37919-5411

Unit 31
Estimated value:
$235,000
1,552 sqft 0.02 AC lot
View details
6119 Chapman Hwy
SHOPPING CENTER, STRIP CENTER

6119 Chapman Hwy, Knoxville, TN 37920-5934

Estimated value:
$260,000
9,096 sqft
View details
314 Merchant Dr Ste A
SHOPPING CENTER, STRIP CENTER

314 Merchant Dr Ste A, Knoxville, TN 37912-3547

Estimated value:
$5,365,000
78,682 sqft 8.15 AC lot
View details
12346 Northshore Dr
SHOPPING CENTER, STRIP CENTER

12346 Northshore Dr, Knoxville, TN 37922-5439

Estimated value:
$625,000
12,044 sqft 1.15 AC lot
View details
10307 Kingston Pike
SHOPPING CENTER, STRIP CENTER

10307 Kingston Pike, Concord, TN 37922-3224

Estimated value:
$2,835,000
13,176 sqft
View details

Knoxville, TN Strip Malls Market Trends and Statistics

Explore 72 strip malls for sale in Knoxville, TN on our real estate platform. These investment opportunities span a total of 10,800 square feet of properties for sale, with an estimated market value of $5,618,000.

Sale prices for retail strips in Knoxville, TN start at $2,500,000, averaging $2,809,000, and reaching up to $3,118,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 19
Automotive properties 17
Shopping centers 16
Auto shops 10
Gas stations 3

Demographics Overview

Population 443K
Population Growth (5Y) +8.2%
Median Household Income $75,913
College Educated 31.8%

High-Yield Neighborhoods for Investment

Identify Knoxville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
37920 $2.5M
37919 $3.1M

Taxes & Financing

Tax Rate (average for all types) 2.87%
Property Tax per SF $35.10 per SF
Tax Rate vs County Average 0.05 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Knox County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Knoxville fall within the 50,000 to 100,000 square foot range.

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