Oak Ridge Turnpike Buildings For SALE

Retail-Commercial for Sale
Catylist Listing ID: 30296911
Property Subtypes: Free-Standing Building, Garden Center, Parking Facility, Retail-Pad, Street Retail, Vehicle Related, Other
Building Size (RSF): 18,504 SF
Gross Building Area: See Agent
Gross Land Area: 2.69 Acres
Sale Price: $1,600,000
Unit Price: $86.47 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/19/2020

Overview / Comments

Three buildings for sale totaling 18,504 SF on Oak Ridge Turnpike. 9,296 SF is currently leased to Mutual Telecom Services, Inc. through July 2020. 9,208 SF is vacant, creating an owner occupied opportunity or upside through lease-up.

Former auto dealership with substantial surface parking on 2.69 acres. Traffic counts are in excess of 26,000 VPD. Nearly 300' of frontage.

This property is also listed for lease with 2 buildings available totaling 9,208 SF.

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Anderson
Tax ID/APN: 001100B B 01501
Property Visibility: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,804 21,729 47,715
Median Age: 47.78 42.99 42.44
Households: 2,718 9,627 19,951

Contact

Photograph of Listing Agent

Lloyd Montgomery IV

Tailwater Properties, LLC KAAR CIE Member
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