110 Capital Drive
Office
for Sale
Sale Pending
| Catylist Listing ID: |
30832299 |
| Property Subtypes: |
Office Building
|
| Status: |
Pending |
| Building Size (RSF): |
15,468 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
1.21 SF
|
| Sale Price: |
$3,200,000 |
| Unit Price: |
$206.88 PSF |
| Property Use Type: |
Vacant/Owner-User |
| Class of Space: |
Class A |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/31/2023 |
Overview / Comments
On behalf of The Auto Club Group, Avison Young Knoxville is proud to present 110 Capitol Drive for sale. This 15,468 SF Class-A office building is located in affluent west Knoxville with easy access to the main transportation arteries. This property was developed in 2002 with a common area renovation in 2015. Class-A office space in this corridor is limited and a building of this caliber will be attractive for both tenants and owner/occupiers.
This property has great visibility to Kingston Pike (24,832 VPD) and is part of the master planned, Capital Drive development. With two floors, extensive window space for natural light and ample parking, 110 Capital Drive has the amenities needed for today’s occupiers. The small core is optimized for efficiency for tenant operations. Additionally, the current tenant, AAA, has completed significant upgrades to the property in the last five years including :
• Renovated common areas • LED lighting throughout occupied spaces
TENANT IN PLACE - SHOWINGS REQUIRE 48 HOURS NOTICE
|
Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Knox |
| Tax ID/APN: |
131LB003 |
| Zoning: |
OP |
| Property Located Between: |
Kingston Pike and Pellissippi Parkway |
| Property Visibility: |
Good |
| Highway Access: |
Kingston Pike/11W |
| Airports: |
McGhee Tyson |
| Area Description: |
Located along Kingston Pike and just 1/2 mile from Pellissippi Parkway, this area is part of the growth pattern of west Knoxville. This building provides easy access to downtown, West Knoxville, Oak Ridge and McGhee Tyson Airport. Additionally, the property is surrounded by the amenities that companies require in today’s environment. These amenities include; two hospitals within two miles, more than three dozen restaurants close by, state of the art workout facilities and access to major transportation arteries. |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Year Built: |
2002 |
| Parking Ratio: |
3.9 (per 1000 SF) |
| Parking Type: |
Surface |
| Total Parking Spaces: |
61 |
| Passenger Elevators: |
1 |
| Zoning Description: |
OP |
| Part of Planned Development?: |
Yes |
| Lot Frontage: |
255 |
| Lot Depth: |
205 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,101 |
53,550 |
127,236 |
| Median Age: |
42.86 |
38.53 |
39 |
| Households: |
794 |
22,003 |
52,371 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Knoxville Area Association of REALTORS® nor
Moody's assume any liability for errors or omissions.
|
