Knoxville, TN Commercial Real Estate for Lease and Sale

Explore 220 listing(s) of commercial real estate in Knoxville, TN to find the best space for your business.

CRE Market FAQs

Upchurch Road

4700 Upchurch Road, Inskip, Knoxville, TN
Property Type

Multi-Family
For Sale

$1,550,000
Built in 1979 / Property size 8,113 SF
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CoKno - Knoxville
CoKno
129 South Gay Street, Knoxville, TN
Space Type

Desks
For Lease

From $30/day
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Essex Pointe Retail

11124 Kingston Pike, Suite 111, Farragut, Knoxville, TN
Space Type

Retail
For Lease

$28.00/SF/YR
1 space available / 2,918 SF
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Knoxville Office Suites - 618 South Gay Street
Knoxville Office Suites
618 South Gay Street, Knoxville, TN
Space Type

Private Offices
For Lease

From $500/month
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Halls Center

6950 Maynardville Pike, Halls, Knoxville, TN
Space Type

Retail
For Lease

$14.00/SF/YR
6 spaces available / 2,400 - 6,000 SF
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4928 Homberg Dr

4928 Homberg Dr, Homberg Place, Knoxville, TN
Space Type

Retail
For Lease

$16.00/SF/YR
1 space available / 3,400 SF
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1.742 Acres Western Ave Commercial Lot

0 Western Ave, McAnally Flats, Knoxville, TN
Property Type

Office
For Sale

$400,000
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225 Brookview Centre Way

225 Brookview Centre Way, Bearden, Knoxville, TN
Space Type

Retail
For Lease

$38.00/SF/YR
1 space available / 3,840 SF
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Frequently Asked Questions

Here is a rundown of the primary commercial real estate property types currently available in Knoxville:
- Office Space: The market includes 3,328,296 square feet of office spaces in addition to 96 coworking locations.
- Retail Space: Between malls, restaurants and stores, Knoxville is home to 2,640,370 square feet of available retail space.
- Industrial Space: Warehouses, distribution centers, manufacturing facilities and other industrial types total 1,242,402 square feet of available space in Knoxville.
The average rent for commercial real estate in Knoxville is $20.75 per square foot. However, specific rates may vary widely by property type, class and quality. The cheapest commercial space in Knoxville costs $1.75, while the city’s premium locations ask up to $68.92.
Office space here averages $23.11 per square foot while industrial space averages $9.71 per square foot. The variation reflects differences in property types, quality, and demand. 
Here is a breakdown of the average size of different property classes (also known as asset class or property type):
- Class A/A+ properties have an average size of 80,057 square feet.
- Class B properties are sized 30,881 square feet, on average.
- Class C properties span an average of 27,629 square feet.
The best area for commercial real estate in Knoxville will depend greatly on your needs. The neighborhood with the largest overall number of commercial listings is Downtown Knoxville, home to no fewer than 30 listings for space of all types. If you're looking for office space, Downtown Knoxville has the highest concentration of office listings at 23.

Meanwhile, Fairways and Greens has the highest number of industrial availabilities (2), while North Knoxville boasts the largest number of retail listings in the city (8).
CommercialCafe’s CRE offering in Knoxville is enabled by a network of 98 active brokers from 44 different firms, ensuring a wide variety of listings. Working with an experienced professional can make a real difference. Learn more about the benefits of working with a broker.

To get in touch with a broker, use the "Contact Property" button on this search page or fill in the contact form provided on each individual property’s listing page.
The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself, local market conditions, the state of the local economy and the demand for that particular type of commercial property, to name a few.

Asking rents in the city can be as high as $68.92 per square foot. In particular, the property type commanding the highest lease rates in Knoxville is Office space.
The average size of a commercial property here stands at 847,111. However, different asset classes and zoning laws will result in vastly different property sizes. Here is a breakdown of the average size of different commercial asset classes in Knoxville:
Office properties:
- Average size: 49,677 square feet.
- Largest property: Outlet Corporate Center (45,742 square feet).
Retail properties:
- Average size: 48,896 square feet.
- Largest property: 2 (88,740 square feet).
Industrial properties:
- Average size: 103,534 square feet.
- Largest property: 700 Dalen Ln (106,000 square feet).

Knoxville, TN Commercial Space Listings

Commercial Space for Lease - Breakdown

The 142 listings for commercial real estate currently available for rent in Knoxville add up to 2,208,740 square feet across various property types. Here's a breakdown of the available space by category:

Property Type	Count of Listings	Total Sq. Ft.
Office	56	472,662
Retail	44	511,601
Industrial	11	377,366
Other	31	847,111

Office properties:

The market has 56 active office listings, encompassing 472,662 square feet.
Knoxville office spaces currently listed on CommercialCafe represent 39% of the total commercial real estate market in Knoxville, compared to an average of 40% across all markets tracked by CommercialCafe.

Retail Space:

There are 44 retail listings available, adding up to a total of 511,601 square feet.
Retail spaces account for approximately 30% of the local commercial market, while the average share taken up by retail in all U.S. markets is 35%.

Industrial Space:

The industrial market in Knoxville offers 11 listings, amounting to 377,366 available square feet.
Industrial spaces, including warehouses and manufacturing sites, make up about 7% of the total commercial space available in the market, compared to a nationwide average of 24%.

Commercial Space for Sale - Breakdown

There are currently 71 properties listed for sale in the Knoxville market, adding up to 701,185 square feet of space available for purchase. Here is a breakdown of the commercial space for sale listed locally:

14 office properties
15 retail properties
3 industrial properties

Property Type	Count of Listings	Total Sq. Ft.
Office	14	126,988
Retail	15	119,447
Industrial	3	76,684
Other	39	378,066

Knoxville, TN Commercial Real Estate for Lease and Sale

Upchurch Road

CoKno - Knoxville

Essex Pointe Retail

Knoxville Office Suites - 618 South Gay Street

Halls Center

4928 Homberg Dr

1.742 Acres Western Ave Commercial Lot

225 Brookview Centre Way

Frequently Asked Questions

Knoxville, TN Commercial Space Listings

Commercial Space for Lease - Breakdown

Commercial Space for Sale - Breakdown

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