11320 Outlet Dr
11320 Outlet Dr, Knoxville, TN 37932
Marketing description
Introducing an exceptional retail investment opportunity! This property at 11320 Outlet Dr, Knoxville, TN is ideally suited for restaurant, entertainment or neighborhood retail purposes. Situated in the Outlet Drive Regional Entertainment & Employment District (FAR: OD-RE/E), this location offers unparalleled potential for a diverse range of retail ventures. With its strategic position in the thriving Knoxville area, this property presents an enticing prospect for investors seeking to capitalize on the dynamic retail landscape. Don't miss out on the chance to secure a valuable foothold in this vibrant market.
Conveniently located directly off I-40/75, on the Outlet Drive corridor, and in the heart of a bustling retail district between the Snyder Rd and TN-131/Lovell Rd exits. High traffic counts of +/- 107,760 VPD on I-40 and 40,959 VPD on the TN-131/Lovell Rd exit. 14 miles West of downtown Knoxville and the University of Tennessee, which has +/- 28,900 students. Knoxville is the third largest city in Tennessee and the largest city in the eastern part of the state. More than $140,000 Average Household Incomes within a 5-Mile Radius. Zoned FAR: OD-RE/E which allows for commercial uses including retail, restaurants, and much more.
Knoxville is a city in the U.S. state of Tennessee, and the county seat of Knox County. Knoxville is exactly what people declare it to be: a hidden gem. First-time visitors are typically amazed by all the city has to offer. In this one, unique location, mountains meet music... art meets adventure... culture meets cuisine... and no one meets a stranger. The pure walkability of downtown allows people to explore and discover vibrant murals, local music, historic sites, art museums, parks, greenways and more. With its sophisticated mix of culture and cuisine, served up with genuine hospitality, Knoxville will surprise you.
Investment highlights
- Proximity to Major Highways: Quick access to I-40/I-75 and nearby highways ensures a steady flow of local and commuter traffic.
- High-Value Neighbors: Surrounded by residential, various national hotels and retailers including Topgolf, Costco, and the Turkey Creek Shopping Center right across the street, driving consistent consumer traffic.
- Major Growth Area: Positioned between two newly approved extended-stay national hotels and less than half a mile from Topgolf and 320 new multi-dwelling units planned within the next few years, further enhancing the local residential base.
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