11110 Gilbert Dr - Distribution FOR SALE


Knoxville, TN 37932
$16,100,000 USD
865-309-6272
11110 Gilbert Dr, Knoxville, TN for Sale
$16,100,000 USD
Distribution - FOR SALE
1/35
null | Request Cap Rate

11110 Gilbert Dr
Knoxville, TN 37932


HIGHLIGHTS

  • Proximity to I-40 (1 mile)
  • Ideal for one or two tenant configurations
  • Power infrastructure (3 Phase / 480V)
  • Investment or owner-occupant opportunity
  • High-demand Knoxville submarket

OVERVIEW

SVN | Wood Properties is pleased to present a premier industrial opportunity in West Knoxville—an 189,000 SF dual-building campus situated just one mile from I-40 via Lovell Road. Positioned on about 13 acres and zoned CB, this property is an ideal fit for investors seeking immediate income with upside potential or owner-users of the Class A 106,000 SF space. The offering includes an 83,000 SF building with a leaseback from Dalen Products, providing stable income from a long-term industrial user, and a 106,000 SF vacant warehouse ready for occupancy in April 2026. This strategic blend creates flexibility for both investors and partial owner-users in one of Knoxville's most in-demand industrial submarkets. Building 1 – 700 Dalen Lane ±106,000 SF with ±31’ clear height 55’ x 75’ column spacing 12 dock doors & 1 drive-in Small office with 2 restrooms Heated warehouse with LED lighting Wet sprinkler system Racking can remain for plug-and-play occupancy Building 2 – 11110 Gilbert Drive (Leaseback) ±83,000 SF with ±4,300 SF office space Four distinct warehouse sections Largest section: ±30,000 SF with 20’ clear & 50’ x 30’ column spacing 7 dock doors & 1 drive-in Mixed wet/dry sprinkler systems Heated throughout with LED lighting

FOR SALE DETAILS

PRICE

$16,100,000 USD

PRICE/SF

$157 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

189,000 SF Industrial | Prime Knoxville, TN L

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

ADD'L SUBTYPES

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

UTILITIES

-

CLEAR CEILING HT

31 Ft

DOCKS

19

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

12.82

LAND SF

558,439

ZONING

CB

APN/PARCEL ID

131-00703

ASK ABOUT THIS PROPERTY

Matthew StrotherSVN | Wood PropertiesMore Info
865-309-6272

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Matthew StrotherSVN | Wood PropertiesMore Info
865-309-6272

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.