Dutchtown Office / Flex Space

Office for Sale
Sale Pending
Catylist Listing ID: 30836352
Property Subtypes: Flex Space, Office Building
Status: Pending
Building Size (RSF): 8,720 SF
Gross Building Area: See Agent
Sale Price: $1,350,000
Unit Price: $154.82 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/15/2023

Overview / Comments

Located off Dutchtown Road, just off the Lovell Rd exit of I-40, this property features two buildings with a total of 8720 SF. The first building is 4720 SF and includes 10 private offices, 11 workstations, a kitchen, and a computer room. The current owner has occupied the space for his nursing home business but it will be vacant at closing.

The second building has 4000 SF of Flex Space that contains two tenant spaces - one currently used as a laundry space and the other as a pharmacy. Both businesses are owned by the current owner and can either be vacated or new leases can be signed for additional income on the property. Don't miss out on this amazing opportunity to acquire prime flex space in West Knoxville!

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 131 065
Zoning: CB
Property Located Between: Dutchtown Road and Harding Drive
Total Number of Buildings: 2
Number of Stories: 1
Parking Type: Surface

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,272 39,164 110,141
Median Age: 39.91 42.2 39.44
Households: 2,483 15,608 43,970

Contact

Photograph of Listing Agent

Matthew Strother

SVN I Wood Properties KAAR CIE Member
© Copyright 2001-2023 Moody's. All Rights Reserved. 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.