Multi-Tenant Flex Investment Property

1709 Midpark Rd, Knoxville, TN 37921

  • For Sale $2,475,000
  • 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 Apr 24, 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 tilt-up concrete construction, 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.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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
  • Tilt-up concrete construction

Contacts

broker
Matthew Strother

SVN | Wood Properties

Location

Getting Around

  • Walk Score ®

    22/100 Car-Dependent

  • Transit Score ®

    21/100 Minimal Transit

  • Bike Score ®

    30/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

  • Brookview Parking Garage

    1.67 miles

  • Building C

    3.92 miles

  • Lake Avenue Parking Garage

    4.22 miles

  • Terrace Avenue Parking Garage

    4.27 miles

  • White Avenue Parking Garage

    4.36 miles

  • C9

    4.37 miles

  • Volunteer Blvd Parking Garage (G16)

    4.52 miles

  • 11th Street Parking Garage

    4.73 miles

  • Neyland Parking Garage G10

    4.83 miles

  • Jackson Avenue Lot

    4.96 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

  • Walmart Neighborhood Market

    1.11 miles

  • Monarca Tienda y Carniceria

    1.39 miles

  • 640 Plaza

    1.43 miles

  • Food City

    1.87 miles

  • Whole Foods Market

    1.89 miles

  • ALDI

    1.95 miles

  • Kroger

    1.97 miles

  • Earth Fare Supermarket

    1.99 miles

  • Kohl's

    2.62 miles

  • Belk

    2.78 miles

  • CenterPointe

    0.97 miles

  • Thompson Proton Center

    1.13 miles

  • Total Recovery Medical Center

    1.39 miles

  • Knoxville Fire Department Papermill Station

    1.58 miles

  • Walgreens

    1.58 miles

  • CVS Pharmacy

    1.74 miles

  • Knoxville Fire Station - Bearden

    2.14 miles

  • Shannondale

    2.16 miles

  • Tennova Primary Care

    3.04 miles

  • Knox County Regional Forensic Center

    3.40 miles

Frequently Asked Questions

How much does Multi-Tenant Flex Investment Property cost?

The space currently listed for sale at Multi-Tenant Flex Investment Property asks for $2,475,000.

What is the total square footage of Multi-Tenant Flex Investment Property?

Multi-Tenant Flex Investment Property totals 16,893 square feet.

When was this property built?

Multi-Tenant Flex Investment Property was built in 1989.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Matthew Strother

SVN | Wood Properties

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.