- For Sale $1,302,000
- Property Type Retail - Freestanding
- Property Size 5,000 SF
- Lot Size 0.75 Acre
- Property Tenancy Single Tenant
- Year Built 2007
- Date Updated Jun 30, 2026
Description
Knoxville is the third-largest city in the U.S. state of Tennessee, located in eastern Tennessee along the Tennessee River and at the foothills of the Great Smoky Mountains. Serving as the county seat of Knox County, Knoxville is a major economic, educational, and cultural center for East Tennessee. At the 2020 census, the city had a population of approximately 190,700 residents, while the broader Knoxville metropolitan area is home to more than 880,000 people, making it one of the fastest-growing regions in the Southeast.
Knoxville’s economy is highly diversified, with major employment sectors including health care, education, manufacturing, energy, technology, and logistics. The city benefits from a strong business climate and strategic location at the intersection of Interstates 40, 75, and 81, providing efficient access to major Southeastern markets. Major employers in the region include University of Tennessee, Oak Ridge National Laboratory, Pilot Company, and Tennessee Valley Authority, along with a growing number of advanced manufacturing and technology firms.
Downtown Knoxville serves as the city’s commercial and cultural hub, supporting a strong mix of office, retail, hospitality, and entertainment uses. In recent years, downtown has experienced significant revitalization through mixed-use development, new residential projects, and expanded entertainment offerings. Key destinations such as Market Square and the Old City attract residents and visitors alike, contributing to a vibrant urban environment and growing tourism sector.
Health care is another major economic driver, anchored by leading regional systems such as Covenant Health and University of Tennessee Medical Center, which provide extensive medical services across East Tennessee. Knoxville also benefits from its proximity to the Great Smoky Mountains National Park, the most visited national park in the United States, which supports strong tourism and hospitality activity.
With its diverse economic base, major educational and research institutions, strong infrastructure, and growing population, Knoxville remains one of the Southeast’s most dynamic metropolitan markets. Continued investment in business development, housing, and infrastructure positions Knoxville for sustained long-term economic growth and regional importance.Sherwin Williams
Highlights
- 5% Rental Increase Scheduled for November 2027 Plus One Additional Five-Year Renewal Option Featuring a 10% Rent Increase
- 6+ Years Remaining on Double Net Lease (NN) - Minimal Landlord Responsibilities
- Affluent Trade Area with Average Household Income Exceeding $82,000 Within a Five-Mile Radius
- High-Visibility Location Along Callahan Drive (25,000 VPD) and Clinton Highway (31,380 VPD), Two of Knoxville's Major Retail Corridors
- Positioned in a Densely Populated Retail Corridor with Over 126,000 Residents Within Five Miles
- Sherwin Williams: NYSE: SHW | Standard & Poor's: BBB
- Sherwin-Williams Has Occupied the Property Since 2007 and Recently Exercised Its Renewal Option Early, Demonstrating Long-Term Commitment to the Location
- Strategically Positioned Less Than One Mile from Lowe's, Target, Walmart, Home Depot, Kroger, Chick-fil-A, and Numerous Other National Retailers
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Contacts
Matt Weber
Encore Real Estate Investment Services
Location
Located at 2305 Callahan Drive, Knoxville, TN 37912, this property is part of the Callahan neighborhood and Knoxville market.
Contact Listing Broker
Matt Weber
Encore Real Estate Investment Services