Catylist ID: #30739307
First Time on the Market
Industrial for Sale
|Catylist Listing ID:||30739307|
|Property Subtypes:||Free-Standing, Light Industrial|
|Building Size (RSF):||4,000 SF|
|Gross Building Area:||See Agent|
|Unit Price:||$206.25 PSF|
|Property Use Type:||Investment, Business|
|Sale Terms:||Cash to Seller|
Overview / Comments
First time offered.
This all-brick building located on a corner lot, at a signal stop, at the intersection of Papermill Drive and Hollywood Road, was built in 1994. Consisting of 4,000 square feet and situated on 1.15 acres, the subject property is occupied by a top nationally known pest control business, for whom the building was constructed.
The original lease was signed July 1994 and is still in effect today. The current extension of the lease runs through January 2025. However, the tenant has expressed a desire to extend the lease yet again.
This property is front facing Papermill Dr., one of the busiest roads in West Knoxville and a growing area. New businesses have been constructed and buildings remodeled all along Papermill Dr.
The property is being sold as part of an estate sale. Family owned since it was constructed, this property offers a multitude of options with its ample parking and fenced lot, which encloses the back portion of the building.
Please call for showing details as the tenant is still occupying the property.
|Site Description:||1.15 Acres on corner lot.|
|Total Number of Buildings:||1|
|Number of Stories:||1|
|Proximity:||1 mile||3 miles||5 miles|
Jeff PhillipsSouthland, REALTORS Commercial Group KAAR CIE Member
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