Catylist ID:
#30821088
| Catylist Listing ID: | 30821088 |
| Property Subtypes: | Business Park, Executive Suites, Coworking, Medical, Office Building, Other |
| Building Status: | Proposed |
| Condo? | Yes |
| Building Size (RSF): | 5,100 SF |
| Sale Price: | $1,020,000 |
| 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. 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. Majority of the units priced competitively at $200PSF! - 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 1,300SF but can be combined. - 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. Photography shows the neighboring building which displays the anticipated exterior finish condition of the property. Listing price is reflective of purchasing 4 units within the same building. See Offering Memorandum for further information. |
Attachments & Media
Additional Details
| Nearest MSA: | Knoxville |
| County: | Knox |
| Taxing Authority: | Knox County |
| Tax ID/APN: | 057OA013 |
| Is Condo?: | Yes |
| Zoning: | C-A |
| Property Visibility: | Good |
| Highway Access: | I-75 |
| Site Description: | 5 building office park with 89 parking spots total. |
| Total Number of Buildings: | 3 |
| Number of Stories: | 1 |
| Typical SF / Floor: | 5,100 SF |
| Year Built: | 2023 |
| 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 |
| Part of Planned Development?: | Yes |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
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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