Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a fee simple interest in The Markman Building, a 9,229 SF Lowe’s Shadow Anchored strip center situated on a 1.21 acre parcel in the rapidly growing city of Knoxville, TN. The property is ideally located just 6 miles northeast of downtown Knoxville in the Lowe’s anchored Isaiah’s Landing Shopping Center. The Markman Building is strategically positioned directly in front of Lowe’s offering excellent visibility from I-640 (73,000 VPD). Isaiah’s Landing is also home to a strong lineup of national retailers including Cracker Barrel, Wendy’s, Sonic, Domino’s, Walgreens Pharmacy, Home Federal Bank, O’Charley’s and is adjacent The East Town Crossing anchored by The Home Depot. The property is fully stabilized with a diverse mix of interest-resistant retailers, majority of which are medical or physical care-based tenants. All tenants are set up on a triple-net lease structure, reimbursing their pro rata share of common area maintenance, real estate taxes, and insurance expenses. The immediate trade area has experienced robust population & job growth in recent years, supported by significant residential and commercial development. Notably The Emerald Knoxville, a 160 Luxury apartment community completed in 2025 directly next to the subject property. Amazon recently opened a new distribution center across I-640, bringing new jobs and improving daytime traffic in the area.