Value-Add Multi-Tenant Industrial

For Sale

2401 Dutch Valley Drive, Knoxville, TN 37918

This Knoxville property for sale is located at 2401 Dutch Valley Drive. The current listed sale price for Value-Add Multi-Tenant Industrial is $4,300,000. Value-Add Multi-Tenant Industrial is situated on a lot that is 4.36 acre in size.

Contacts

broker

James Roberson

NAI Koella RM Moore

(865) 777-3038

Property Details

  • Property Type Industrial - Storage
  • Property Size 117,200 SF
  • Lot Size 4.36 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Feb 15, 2024
  • Dock High Doors 5
  • Grade Level Doors 8
  • HVAC None
The subject property is centrally located in Knoxville Tennessee near the intersection of I-640 and Broadway.NAI is pleased to present the opportunity to acquire a +/- 117,200 square foot multi-tenant industrial building for less than $37 per square foot. The building is located on 4.359 acres of land zoned Mixed-Use Industrial. The site has excellent visibility from I-640 with an average daily traffic count of 89,826. A large portion of the building is being used as self-storage. Other tenants include a furniture warehouse, sports training, and a gym. The blended occupied rental rate is only $2.87/SF. CoStar has the market rental rate per area at $8.33/SF. This gives an investor a great opportunity to significantly increase its rate of return. Note – This is an equitable interest sale offering. Also, a portion of the property lies in a flood zone per FEMA Flood Map (47093C0143G effective date August 05, 2013).

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Getting around

  • 48/100

    Walk Score ®

  • 28/100

    Transit Score ®

  • 37/100

    Bike Score ®

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Location

  • City Knoxville, TN
  • Neighborhood Fountain City
  • Zip Code 37918
  • Market Knoxville

Points of Interest

  • Jackson Terminal

    3.33 miles

  • Three Rivers Rambler

    4.27 miles

  • Exxon

    1.30 miles

  • Pilot

    1.51 miles

  • Kroger

    1.67 miles

  • Marathon

    2.36 miles

  • Delta

    2.45 miles

  • Pilot

    2.46 miles

  • Mobil

    2.49 miles

  • Exxon

    2.76 miles

  • Pilot

    2.84 miles

  • Quik Stop

    2.91 miles

  • Buddy's Bar-B-Q

    0.30 miles

  • Hardee's

    0.57 miles

  • Shoney's

    0.63 miles

  • Taco Bell

    0.72 miles

  • Bojangles'

    0.72 miles

  • Wingstop

    0.72 miles

  • Knox Burgers

    0.74 miles

  • The Chop House

    0.74 miles

  • Chop House

    0.75 miles

  • Panera Bread

    0.75 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

James Roberson

NAI Koella RM Moore

(865) 777-3038