Catylist Listing ID: 28288144
Property Subtypes: Governmental
Building Size (RSF): 8,011 SF
Gross Building Area: See Agent
Gross Land Area: 7,478 SF
Sale Price: $1,300,000
Unit Price: $162.28 PSF
Property Use Type: Investment
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: 9.4%
Last Updated: 11/16/2017

Overview / Comments

8,011 rentable square feet leased to the Veterans Administration for their administrative offices and hearing and speech services. NOI of $122,000/year, and the current lease expires 3/14/2018.

Financials

Finance Data Year 2012
Net Operating Income $122,156 (Annual)
Actual or Proforma Year Actual

Current Tenants

Tenant Business Name Veterans Administration
Lease Expiration 3/0014

Additional Details

Nearest MSA: Knoxville
County: Knox

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,047 68,817 143,081
Median Age: 35.36 37.43 37.49
Households: 4,596 30,505 61,184

Contact

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