The Grassy Creek Development at 6701 Oak Ridge Highway is a 30-acre site anchored by a Food City grocery store that opened in April 2021 and offers a variety of development options. Freestanding, endcap, and shop space opportunities are available with sites delivered pad-ready and available for sale, ground lease, or build-to-suit. A regional detention pond created by the developer also provides off-premise stormwater facilities for all lots in the development, and the property is anchored by a new Food City grocery store, the 33rd largest grocer in the US. The site provides convenient access and visibility via new project signalized roads at Oak Ridge Highway and Schaad Road, a new five-lane ring road that connects I-75 in North Knoxville with the I-40/I-75 interchange in West Knoxville. Traffic counts of 52,910 vehicles per day are projected upon the full completion of the thoroughfare, and the area is experiencing high growth with great schools and over 2,700 new homes approved in the trade area. This is one of the last remaining areas in Knox County with developable land for residential growth, and the site also serves the growing Karns community of Knoxville while being convenient to employees in the Central Business District, Pellissippi Technology Corridor, Oak Ridge National Lab/DOE Installation, and the University of Tennessee. Buyers and tenants can also benefit from proximity to the area’s retail hub, which is within a five-minute drive and is home to national retailers like Walmart Supercenter, Target, Lowe’s, Hobby Lobby, Marshalls, The Home Depot, ALDI, and Kroger. The expansive site at Grassy Creek Development is the perfect location for businesses and investors looking for a variety of pad-ready lots in a growing community.
Dalton Maddox
Maddox Companies
