307 Lovell Road, Knoxville, TN 37922

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Brandon C.

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Building Details:

• Year Built: 2004

307 Lovell Road is a mixed-use property for lease in Knoxville, TN.

3,472sf Former Bank Branch - Leasehold Estate - Building Only For Sale
• Built in 2004, still in excellent condition
• Site is long-term ground lease through 2044
• Great visibility to 39,547 vehicles passing by daily
• Full RIRO LILO ingress/egress with shared access
• 1/3 mile off I-40/75 at the entrance to Turkey Creek
• Strong commercial corridor, ingress to dense residential

The property is a former bank branch in West Knoxville, TN. The site is long-term ground leased. The property occupies approximately 1 acre of a 5.07 acre lot. It consists of a 3,472sf building with a triple-drive thru. The building was constructed in 2004 and is in excellent condition. The property fronts Lovell Road, and is located .36 miles from Lovell Road’s I-40/75 Interchange. It is located 1/10 of a mile north of the eastern entrance to Turkey Creek, a regional retail development.

The property has great visibility to the 39,547 vehicles passing by daily on Lovell Road, and is also visible to westbound traffic on Parkside Drive. The property has full right-in, right-out, left-in, left-out access to the 5-lane Lovell Road, and the lease grants non-exclusive use of all ingresses and egresses of the larger parcel. The immediate vicinity is made up of mostly general commercial uses. Also, Lovell Road is not only a collector for commercial traffic into the prosperous surrounding retail clusters, but also a collector for residential traffic to and from the Thornton, Lovell Heights, Concord, Farragut, and Northshore residential areas to the south, as well as the Gilbert Drive and Yarnell Road residential areas to the north.

The property is ideal for a financial services user or with some modification, a general office or retail user. The lease allows assignment or subletting by the Tenant with Landlord’s consent, not to be unreasonably withheld, except in the case of restaurant or auto-related uses, in which case the Landlord is not bound to grant consent within reason.

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