3 Office buildings for sale

Office for Sale
Catylist Listing ID: 30651162
Property Subtypes: Office Building
Building Size (RSF): 4,792 SF
Gross Land Area: 0.62 Acres
Sale Price: $299,900
Unit Price: $62.58 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 1/15/2022

Overview / Comments

Three, stand alone Buildings. The largest is a two story office building with 2,732 Square Feet. The other is a two story office building with 1,196 Square Feet . The third building is 864 Square Feet. The Edward Jones building tenants are in a 3 year lease.
Located on busy, Maynardville Hwy in the heart of Halls Community. High visibility.

Current income from rentals $36,000 per year.

Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: Knox. County
Tax ID/APN: 038KC01702
Property Located Between: Cunningham Rd and Norris Freeway
Property Visibility: Excellent
Highway Access: 5 Miles from I-640
Airports: McGee/ Tyson
Site Description: Level lot with asphalt parking
Area Description: In the heart of Halls business district. Mixture of retail and office. Close to Schools, parks and large population of residential neighborhoods.
Total Number of Buildings: 3
Number of Stories: 15
Typical SF / Floor: 1,600 SF
Year Built: 1989
Roof Type: Gambrel
Construction/Siding: Wood Siding
Exterior Description: Two office buildings are two stories while the third is one level
Parking Ratio: 4 (per 1000 SF)
Parking Type: Surface
Parking Description: Parking is outside of each building on level, asphalt
Total Parking Spaces: 12
Air Conditioning: Engineered System
Interior Description: Typical office
Lot Frontage: 180'
Lot Depth: 286'
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: owned
Legal Description: 038KC01702

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,284 43,602 91,455
Median Age: 41.86 39.65 39.13
Households: 1,443 17,461 38,181


Photograph of Listing Agent

Brian Howard

Realty Executives Associates
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