Regency Business Park

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30135583
Property Subtypes: Business Park, Governmental, Institutional, Medical, Mixed Use, Flex Space, Office Building
Status: Pending/Contingent
Building Size (RSF): 95,724 SF
Gross Building Area: See Agent
Gross Land Area: 12.80 Acres
Sale Price: See Agent
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: Regency Business Park
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/14/2017

Overview / Comments

Avison Young is pleased to offer to qualified investors the opportunity to acquire Regency Business Park located at 900 East Hill Avenue ("The Property"), a 95,724 square foot, multi-tenant office campus in Knoxville, TN. Situated in the South office submarket, the Property is a value add, one-story opportunity with excellent upside potential and stellar tenant retention. Great tenant mix including non-profits, engineers, lawyers, medical and more.

Located between Summit Hill Drive and Church Avenue on E Hill Avenue just off of James White Parkway. Location is very convenient to I-40/75 via James White and is also less than one mile from Market Square. UT just two miles away and the property is also very convenient to future riverfront developments.

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 095GQ001
Property Visibility: Excellent

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,147 80,256 144,997
Median Age: 34.98 32.56 34.95
Households: 4,624 32,407 61,916

Contact

Photograph of Listing Agent

John M Adams III, CCIM SIOR

Avison Young KAAR CIE Member
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