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189,000 SF Industrial | Prime Knoxville, TN L 11110 Gilbert Dr 189,000 SF Industrial Building Knoxville, TN 37932 $16,100,000 ($85.19/SF)

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INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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

PROPERTY FACTS

Price $16,100,000
Price Per SF $85.19
Sale Type Investment
Sale Condition Sale Leaseback
Property Type Industrial
Property Subtype
Distribution
  • Industrial Warehouse
Building Class B
Lot Size 12.82 AC
Rentable Building Area 189,000 SF
No. Stories 1
Year Built 2002
Clear Ceiling Height 31’
No. Dock-High Doors/Loading 19
No. Drive In / Grade-Level Doors 1
Zoning CB - Commercial Business

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
131-00703
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,972,680
  • Listing ID: 37996734

  • Date on Market: 10/8/2025

  • Last Updated:

  • Address: 11110 Gilbert Dr, Knoxville, TN 37932

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