Medical Professional Building

Office for Sale
Catylist Listing ID: 30347881
Property Subtypes: Medical, Office Building
Building Size (RSF): 14,249 SF
Gross Land Area: 2.43 Acres
Sale Price: $2,900,000
Unit Price: $203.52 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Business
Class of Space: Class B
Usable Size (USF): 14,249 SF
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: 9.3%
Last Updated: 12/6/2018

Overview / Comments

14,249 sq ft one story medical building on 2.73 acres located at 801 Oak Ridge TN 37830. Located on a corner lot with an estimated traffic count of over 25,000 vehicles per day. This well maintained building had the interior updated in 2018. There are 30 exam rooms and a lab in the building. Currently leased to a growing primary care group that is looking to expand their business. The current tenants are open to signing a 36 month lease with the buyer of this property. 9.3% cap rate.

Additional Details

Nearest MSA: Knoxville
County: Anderson
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 14,249 SF
Year Built: 1996
Year Renovated: 2018
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Total Parking Spaces: 100
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Zoning Description: O-2 Office District
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: Parcel ID/Tax ID 100B A 004.00

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,753 21,729 47,715
Median Age: 47.04 42.99 42.44
Households: 2,695 9,627 19,951

Contact

© Copyright 2001-2018 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Knoxville Area Association of REALTORSĀ® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.