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823 Commercial Real Estate Listings in Knoxville, TN

Knoxville, TN Commercial Real Estate

There are currently 821 commercial listings available in Knoxville, TN. These listings include 310 commercial spaces that encompass a total of 1,664,349 square feet. Available commercial spaces in Knoxville, TN range in size from 0 square feet to 147,134 square feet. A total of 590 off-market commercial properties located in Knoxville, TN are also available for research.

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Knoxville, TN Commercial Inventory Breakdown

In 2022 the Knoxville, TN commercial real estate market totaled 10,376,110 square feet of office spaces, 15,726,755 square feet of office spaces with retail, and 21,510,605 square feet of industrial space.

Office Spaces

Total: 10,376,110 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 5,238,398 SqFt 50.49% of total office
100k to 500k SqFt 5,137,712 SqFt 49.51% of total office
By class:
Class A 2,788,826 SqFt 26.88% of total office
Class B 6,880,514 SqFt 66.31% of total office
Class C 288,770 SqFt 2.78% of total office


Class A office space holds a 26.88% share of the overall Knoxville, TN office market, while Class B office assets make up approximately 66.31%.

Industrial

Total: 21,510,605 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 6,638,892 SqFt 30.86% of total industrial
100k to 500k SqFt 13,692,100 SqFt 63.65% of total industrial
500k to 1M SqFt 1,179,613 SqFt 5.48% of total industrial
By class:
Class A 3,007,473 SqFt 13.98% of total industrial
Class B 15,582,807 SqFt 72.44% of total industrial
Class C 2,920,325 SqFt 13.58% of total industrial
There are 13,692,100 square feet of commercial real estate properties between 100k to 500k square feet, representing 63.65% of the Knoxville, TN industrial inventory. Class A assets total 3,007,473 square feet of industrial space, with an additional 15,582,807 square feet of Class B and 2,920,325 square feet of Class C properties.

Office Spaces with Retail

Total: 15,726,755 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 3,986,166 SqFt 25.35% of total office with retail
100k to 500k SqFt 9,869,009 SqFt 62.75% of total office with retail
500k to 1M SqFt 1,871,580 SqFt 11.9% of total office with retail

Knoxville, TN Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total SF
Knoxville, TN Office 95 920,828
Knoxville, TN Retail 59 588,720
Knoxville, TN Industrial 15 154,711
Knoxville, TN Other 235 1,692,759
Ofice Icon

95

Office

Industrial Icon

15

Industrial

Retail Icon

59

Retail

Current local active listing encompass 3,357,018 square feet of commercial space for lease in Knoxville. There are 95 active office listings, which amount to 920,828 square feet and account for 23% of commercial spaces on the market. Local retail availability includes 588,720 square feet across 59 listings. Current industrial offerings on the market amount to 154,711 square feet across a total of 15.

Employment in Knoxville, TN

Employed Population 93,683

Employed population - Industry % Distribution

Management, business, science, and arts occupations

36%

Service occupations

22%

Sales and office occupations

22%

Production, transportation, and material moving occupations

13%

Natural resources, construction, and maintenance occupations

7%

In 2020, roughly 36% of a total of 93,683 employed in Knoxville worked in Management, business, science, and arts occupations, followed by 22% in Service occupations and 22% in Sales and office occupations.

Income per capita $27,234  Median household income $41,388

Household income

58%

Under $50k

25%

$50k - $100k

14%

$100k - $200k

3%

Over $200k

The median household income in Knoxville stands at $41,388, with per capita income at $27,234. Households earning between $50k and $100k represent 25% of the total, while those earning over $200k make up 3%. Approximately 58% of Knoxville households earn less than $50k per year.

Commuting in Knoxville, TN

Mean travel time to work 21 minutes

Means of transportation to work

78.20%

Driving alone

9.50%

Carpool

2.80%

Public transit

0.40%

Bicycle

4.20%

Walking

0.60%

Other

4.20%

Work at Home

*Universe: Workers 16 and over

The mean travel time to work in Knoxville in 2020 was 21 minutes. Around 78.20% of workers commute by Driving alone, 9.50% Carpool and 4.20% by Walking.

Education in Knoxville, TN

High school grad or higher 89%

Bachelor's degree or higher 33%

Population by minimum level of education

11%

No degree

28%

High school

29%

Some College

20%

Bachelor's

13%

Post-grad

*Universe: Workers 25 and over

An estimated 89% of Knoxville residents aged 25 or over hold a high school degree or higher. Of those, 28% are high school graduates, 29% attended some college, 20% earned a bachelor's degree, with an additional 13% holding post-graduate degrees.

Knoxville, TN Demographics

As of 2020, Knoxville had a total population of 187,610, with a median age of 34.20 years. Roughly 70.60% of the total population was between the ages of 16 and 64 years old.