New Construction Office Condominium: E-1/E-2

Office for Sale
Catylist Listing ID: 30832878
Property Subtypes: Business Park, Executive Suites, Coworking, Medical, Office Building, Other
Building Status: Under Construction
Condo? Yes
Building Size (RSF): 2,620 SF
Gross Building Area: 5,100 SF
Sale Price: $551,400
Property Use Type: Investment, Vacant/Owner-User
Building Name: Legacy Square
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/9/2023

Overview / Comments

Realty Executives is pleased to present ownership opportunities for a wide range of office sizes in the Phase 2 development of Legacy Square Office Park, bringing 12 new condos to market. This listing is for the end cap and is the largest individual unit for sale. It is the premier unit the most windows! Shown on the diagram as E1+ E2. Located just off the Callahan Dr exit of I-75, this established office park is nearing completion on the construction of Building E while Building C & D are ready to break ground. Each building contains 4 condos which can be purchase individually or combined to create larger spaces. The property will be conveyed as shell space but can have further improvements made at an adjusted price.

- Low condo assoc. charges and only county property taxes.
- Opportunity for business owners to lock in occupancy costs and insulate from rent increases.
- Individual unit sizes are 1,250SF and 1,370SF.
- Buildings C and D can be combined via a covered or enclosed walkway to create spaces ranging from 6,400SF to 10,200SF.
- Design and finish the interior to suit your needs.

See Offering Memorandum for further information.

Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: Knox County
Tax ID/APN: 057OA013
Is Condo?: Yes
Zoning: C-A
Highway Access: I-75
Total Number of Buildings: 3
Number of Stories: 1
Typical SF / Floor: 5,100 SF
Year Built: 2022
Roof Type: Arched
Construction/Siding: Brick
Parking Type: Surface
Total Parking Spaces: 89
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: https://library.municode.com/tn/knox_county/codes/code_of_ordinances?nodeId=PTIICO_APXAZO_ART5ZORE_5.31CAGEBUZO
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,197 55,523 145,545
Median Age: 36.44 36.56 36.02
Households: 1,410 23,318 61,376

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