Downtown & The Old City Retail Space for Rent

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Retail Space

Renting Retail Space in Downtown & The Old City

Downtown is the undisputed "Walkable Energy" center of the region. As of early 2026, it is a primary target for investors and young professionals, with median condo prices hovering around $353,000 (Source: Extra Space / Hilmar Realtor 2026). The Old City sub-pocket has seen a surge in "Industrial-Chic" loft conversions, catering to the city's growing creative and tech-professional class. 2026 marks the year of "Urban Continuity." With the city prioritizing infill and pedestrian connectivity, the gap between Downtown and the University of Tennessee campus is closing. It remains a "High-Conviction" zone for short-term rental investors (where permitted) and those seeking a low-maintenance, high-amenity lifestyle (Source: Jennifer Whicker Investment Blog).

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TenantBase is a technology platform built specifically for tenants. We make the process to find and lease space easier by combining our unique technology with experienced local commercial real estate brokers.

Popular Retail Space in the Downtown & The Old City Neighborhood

7430 SF - Retail for Lease - Knoxville

7,430 SF

$10,500 /mo

Storefront

7,928 SF Retail/Office - Knoxville Growing Trade Area

7,928 SF

- /mo

Storefront

KINGSTON PIKE SHOPPING CENTER

3,307 SF

$7,200 /mo

Storefront

Northgate Plaza Shopping Center

1,200 – 88,740 SF

$1,400 – $48,100 /mo

Storefront

Regus at First Tennessee Plaza

54 – 15,795 SF

$100 – $27,700 /mo

Coworking General Restaurant Storefront

The Shops at Western Plaza

1,156 – 21,117 SF

$1,600 – $32,400 /mo

Restaurant

Historic Automotive Building Restored to Retail and Restaurant Use

3,336 SF

$7,800 /mo

Storefront

201 W. 5th Ave.

1,800 – 2,050 SF

$3,000 – $3,400 /mo

Storefront

Retail Space for Lease - Great Exposure! Potential Drive-thru

3,573 SF

$5,100 /mo

Storefront

N Broadway St

4,086 SF

- /mo

Restaurant

Prime Office and Retail Suites Available For Lease at Old Broadway Plaza

946 – 1,228 SF

$1,400 – $1,800 /mo

Coworking Storefront

Martin Luther King Jr Avenue

3,000 – 19,790 SF

$4,500 – $23,100 /mo

Storefront

2,000 SF Retail for Lease

2,000 SF

$2,500 /mo

Storefront

Magnolia Dollar

15,770 SF

$9,200 /mo

Storefront

Suite Rates in Downtown & The Old City

Suite Sizes in Downtown & The Old City

Neighborhood Comparison

Neighborhood	Average Available SQFT	Average Rate / SQFT PER Month	NUMBER OF AVAILABLE SUITES

*All data is from sources we deem reliable and is tracked to provide tenants an understanding of market and submarket conditions, however we cannot guarantee accuracy and all data should be confirmed prior to any use in the lease or purchase of real property.