Kingston Pike Office with Income

Office for Sale
Sale Pending
Catylist Listing ID: 30800024
Property Subtypes: Office Building
Status: Pending
Building Size (RSF): 10,000 SF
Gross Building Area: See Agent
Gross Land Area: 2.08 Acres
Sale Price: $1,700,000
Unit Price: $170 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: 7.88%
Last Updated: 9/22/2022

Overview / Comments

Investment opportunity to purchase office building on Kingston Pike with excellent visibility. Currently 100% leased with 4 tenants. Easy access to Pellissippi Parkway, Cedar Bluff area, and I-40. Convenient to shopping, banking, and restaurants. Parking in front and rear of the Building. Sales price includes 1.6 acre parcel to the rear of the building. Marketing flyer coming soon. Call broker for financials.

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 132 03205

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,354 71,331 145,088
Median Age: 33.93 37.94 38.2
Households: 3,990 30,882 60,737


Photograph of Listing Agent

Nick Widmer

SIG Real Estate KAAR CIE Member
Photograph of Listing Agent

Keith Widmer

SIG Real Estate KAAR CIE Member
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