Regal Business Park - Buildings A & B

Office for Sale
Also listed as Industrial, Retail-Commercial
Catylist Listing ID: 30051751
Property Subtypes: Business Park, Governmental, High-Tech, Mixed Use, Flex Space, Office Building, Research & Development, Other
Building Size (RSF): 65,770 SF
Gross Building Area: See Agent
Gross Land Area: 2.34 Acres
Sale Price: $1,485,000
Unit Price: $22.58 PSF
Property Use Type: Vacant/Owner-User
Building Name: Buildings A & B
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/6/2021

Overview / Comments

Current Regal Entertainment Group headquarters. Regal will be moving out of the campus in the fall of 2017. Building A & B were designed as a multi-tenant commercial building. Great opportunity for re-development with limited inventory within submarket. Combination of office and warehouse space with front door parking and loading.

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: Knox County
Tax ID/APN: 038EC005, 012, 014, 016, 017
Zoning: CB
Property Visibility: Fair
Highway Access: Maynardville Pike
Airports: McGhee Tyson Airport
Site Description: Regal Business Park is located in the Halls Community in north Knoxville at the intersection of Emory Road and Maynardville Pike. Maynardville Pike is a major north/south corridor connecting downtown Knoxville to Norris Lake, Maynardville and New Tazewell. Emory Road is the major east/west corridor for north Knox county. Building A & B are located on the right as you enter Regal Business Park.
Number of Stories: 2
Construction/Siding: Block, Metal Siding
Parking Ratio: 1.6 (per 1000 SF)
Parking Type: Surface
Total Parking Spaces: 104
Passenger Elevators: 1
Sprinklers: None
Zoning Description: CB
Part of Planned Development?: Yes
In Flood Plain?: Yes

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,553 38,540 90,559
Median Age: 39 39.61 39.5
Households: 1,428 15,387 37,864

Contact

Photograph of Listing Agent

Brian H. Tapp, CCIM

Avison Young KAAR CIE Member
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