Multi-Tenant Flex Investment Property

For Sale

1709 Midpark Rd, Knoxville, TN 37921

This Knoxville property for sale is located at 1709 Midpark Rd. The general use of Multi-Tenant Flex Investment Property is industrial and it incorporates 16,893 square feet of class C industrial space. The current listed sale price for Multi-Tenant Flex Investment Property is $2,475,000. Multi-Tenant Flex Investment Property is situated on a lot that is 1.41 acre in size.

Contacts

broker
Matthew Strother

SVN | Wood Properties

Property Details

  • Property Type Industrial - Flex - Industrial
  • Property Size 16,893 SF
  • Units 4
  • Lot Size 1.41 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1989
  • Date Updated May 2, 2025
  • Dock High Doors 3
  • Grade Level Doors 3
  • HVAC None
...1709 Midpark Drive presents a compelling opportunity to acquire a fully leased, Multi-Tenant Flex Industrial asset in an excellent Knoxville, TN location. Totaling ±16,893 SF, the property is demised into four suites, each leased to established tenants with contractual annual rent escalations, ensuring stable and growing cash flow. With a Weighted Average Lease Term (WALT) of 4.82 years, the property offers both immediate income security and long-term investment stability. The building features modern functional elements including 20’ clear heights, and a combination of dock-high and drive-in loading, making it well-suited for a range of light industrial and flex users. Strategically located in Knoxville’s Middlebrook Industrial corridor, the property offers close proximity to I-40 and I-75, offering tenants superior regional access and reinforcing long-term demand for this product type.
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Highlights

  • 16,893 SF multi-tenant Flex building
  • 100% leased | 4 Tenants
  • Below market rents
  • Annual rental increases
  • WALT of 4.82 years
  • Immediate access to I-40/I-75
  • 4 dock-high doors
  • 3 drive-in doors
  • 20’ clear height
  • 3-phase power
  • Class A office space
  • Flexible floor plans

Getting around

  • 22/100

    Walk Score ®

  • 21/100

    Transit Score ®

  • 30/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Knoxville, TN
  • Neighborhood Midpark Industrial Park
  • Zip Code 37921
  • Market Knoxville

Points of Interest

  • Three Rivers Rambler

    3.92 miles

  • Pilot

    0.49 miles

  • Weigel's

    1.02 miles

  • Walmart

    1.17 miles

  • Pilot Convenience Store

    1.44 miles

  • Tesla Supercharger

    1.71 miles

  • Hop-In

    2.06 miles

  • Exxon

    2.18 miles

  • 76

    2.20 miles

  • EVgo

    3.99 miles

  • Blink

    5.45 miles

  • PureMagic Carwash

    2.86 miles

  • Enterprise

    3.31 miles

  • Hertz

    3.36 miles

  • Casey's

    3.49 miles

  • Miracle Car Wash

    5.00 miles

  • American Self Storage - Car Wash

    7.80 miles

  • Superior Van & Mobility

    7.84 miles

  • Zip's Car Wash

    9.32 miles

  • Burger King

    0.44 miles

  • Bojangles'

    0.68 miles

  • Pizza Hut

    1.34 miles

  • La Fiesta Mexican Restaurant

    1.38 miles

  • Golden Garden

    1.43 miles

  • Little Caesars

    1.47 miles

  • Dunkin'

    1.49 miles

  • Panda Chinese Restaurant

    1.51 miles

  • McDonald's

    1.56 miles

  • Waffle House

    1.56 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Matthew Strother

SVN | Wood Properties

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