5439 Washington PikeKnoxville, TN 37918

Property Details for 5439 Washington Pike

Year built

2007

Property size (Sq ft)

166,035 SF

Property type

Retail properties

Property subtype

Lifestyle centers

Description

This exceptional 166,035 square foot shopping center in Knoxville, Tennessee, boasts a prime location at 5439 Washington Pike, zip code 37918. Built in 2007, the center currently enjoys 97% occupancy with a strong mix of national retailers including Dollar Tree, Marshalls, Ulta, Five Below, Ross Dress for Less, and Old Navy. Ten of the sixteen tenants have occupied the center for at least a decade, many with below-market rents, indicating significant upside potential. Recent lease signings with Ulta and Five Below underscore the continued demand for this location. The center benefits from a large trade area, with 52% of shoppers residing over five miles away, and serves as a primary retail hub for East Knoxville, as many tenants lack nearby alternatives. Knoxville's robust residential growth, particularly in Knox County (the second fastest-growing county in Tennessee), further strengthens the center's position. Its proximity to I-640 (63,776 vehicles per day) ensures excellent accessibility. The impending completion of a nearby Amazon distribution center promises additional job creation and increased foot traffic. Furthermore, the property includes two developable ground lease pads, offering substantial value-add opportunities and potential for increased income. This investment presents a compelling opportunity in a rapidly expanding market.

Location Insight

City

Knoxville

County

Knox

State

Tennessee

Latitude

36.0372

Longitude

-83.8868

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].