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189,000 SF Dual-Building Campus 2 Properties Offered at $16,100,000 in Knoxville, TN
Investment Highlights
- 189,000 SF industrial campus on 12.82 acres with Class A specifications and CB zoning.
- Strategic location one mile from I-40, providing excellent regional connectivity.
- Features include 31-foot clear height, 12 dock-high doors, LED lighting, and full wet sprinkler systems.
- Dual-building configuration with an 83,000 SF leaseback and 106,000 SF available for lease or owner use.
- Recent $300,000 in property upgrades, including HVAC, overhead doors, and office improvements.
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
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 | Number of Properties | 2 |
| Price / SF | $85.19 / SF | Individually For Sale | 0 |
| Sale Condition | Sale Leaseback | Total Building Size | 189,000 SF |
| Sale Type | Investment | Total Land Area | 21.20 AC |
| Status | Active |
| Price | $16,100,000 |
| Price / SF | $85.19 / SF |
| Sale Condition | Sale Leaseback |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 189,000 SF |
| Total Land Area | 21.20 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 11110 Gilbert Dr, Knoxville, TN 37932 | Flex | 83,000 SF | 1972 | - |
| 700 Dalen Ln, Knoxville, TN 37932 | Industrial | 106,000 SF | 2002 | - |
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189,000 SF Dual-Building Campus
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