11% CAP RATE SINGLE TENANT NEWLY REMODELED OFFICE CONDOS

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30673209
Property Subtypes: Office Building
Status: Pending/Contingent
Building Size (RSF): 1,920 SF
Gross Building Area: See Agent
Sale Price: $314,900
Unit Price: $164.01 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 9/20/2021

Overview / Comments

LOOKING FOR RENTAL INCOME? OPTION TO EXTEND EXISTING TENANT OR USE AS OWNER OCCUPIED.
2 SUITES CURRENTLY FULLY LEASED TO A SINGLE TENANT.
10 MINUTES TO DOWNTOWN KNOXVILLE!
NEWLY REMODELED!
DESIRABLE LOCATION RIGHT OFF I-75 ALONG CENTRAL AVENUE PIKE.
CREDIT TENANT WITH EXCELLENT RENTAL HISTORY.
PLEASE CALL MIKE OR SUZANNE FOR A PRIVATE TOUR.

Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: City of Knoxville
Tax ID/APN: 068LC024
Property Located Between: Along Central Avenue Pike & I 75
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2007
Year Renovated: 2020

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,332 75,815 186,937
Median Age: 35.64 35.49 34.98
Households: 3,514 33,772 78,350
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