Value-Add Oak Ridge Turnpike Center

Retail-Commercial for Sale
Catylist Listing ID: 30774428
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail
Building Size (RSF): 15,640 SF
Gross Building Area: See Agent
Sale Price: $1,000,000
Unit Price: $63.94 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/11/2022

Overview / Comments

8.1% current cap rate
58% occupancy
4 existing tenants
1/2 acre outparcel included in sale
Phase-3 power

Financials

Finance Data Year 2021
Net Operating Income $81,226 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Knoxville
County: Anderson
Tax ID/APN: 001094FE00900
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1977

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,611 21,723 46,562
Median Age: 47.35 44.29 42.05
Households: 2,915 9,596 19,834

Contact

Photograph of Listing Agent

G. Sam Tate, Jr., CCIM

NAI Koella | RM Moore KAAR CIE Member
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