Woodland Ave Medical Office

Office for Sale
Sale Pending
Catylist Listing ID: 30837255
Property Subtypes: Medical, Office Building
Status: Pending
Building Size (RSF): 7,400 SF
Gross Land Area: 0.63 Acres
Sale Price: $1,200,000
Unit Price: $162.16 PSF
Property Use Type: Net Leased Investment (NNN)
Building Name: Woodland Ave Medical Office
Class of Space: Class B
Usable Size (USF): 7,400 SF
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: 8.0%
Average Occupancy Rate: 100
Last Updated: 5/11/2023

Overview / Comments

Do Not Disturb Occupants
Sale-leaseback considered
Owner has 2 active businesses:
Nursing school on the main level
Truck driving school on bottom floor
Secure keypad entry with multiple entrances
Medical office buildout with lobby/exam rooms

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 081EL004
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 3,700 SF
Year Built: 1989
Parking Type: Surface
Zoning Description: O - Office
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,136 91,550 169,950
Median Age: 37.53 33.2 35.31
Households: 6,081 37,895 72,084


Photograph of Listing Agent

Michelle Gibbs

NAI Koella | RM Moore KAAR CIE Member
Photograph of Listing Agent

G. Sam Tate, Jr., CCIM

NAI Koella | RM Moore KAAR CIE Member
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