Legacy Square Office - Entire Building

Office for Sale
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: $1,224,000
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: 10/31/2022

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 with ADA bathrooms, HVAC unit ready for ductwork and utilities brought into each unit. Priced competitively at $240PSF!

- 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

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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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