115,300 SF Steel Industrial Building

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30833449
Property Subtypes: Industrial-Business Park, Manufacturing, Light Industrial, Warehouse/Distribution
Status: Pending/Contingent
Building Size (RSF): 115,300 SF
Gross Land Area: 8.32 Acres
Sale Price: $7,750,000
Unit Price: $67.22 PSF
Ceiling: 24 ft.
Docks/Doors: 6 Docks, 6 Doors
Office SF: 1,212 SF
Drive In Bays: 1 Bay
Property Use Type: Vacant/Owner-User, Business
Building Name: TA-110 in the David Jones Industrial Park
Usable Size (USF): 115,300 SF
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 3/6/2023

Overview / Comments

Building underwent a full Renovation in 2020
Size: 115,300 SF, 8.32 Acres, Office Space: 1,212 SF. Expandable to: 161,800 SF
*Current owner wishes to leaseback for 1 year after closing
Structure: Pre-engineered steel column and beam design.
Bay spacing: 30 x 50, 24 Eave Height Typical
Walls: Split face masonry three sides to 7'-4in then metal to eaves
Floor: 6in 4,000 psi concrete heavy duty wire and fiber mesh reinforcing.
Roof: 24 gauge standing seam Galvalume.
Sprinklers: Ordinary Hazard Type II Wet Sprinkler.
Power: 1200 Amp 277/480 volt 3 phase service minimum.
Lighting: All LED.
HVAC: Natural Gas, Central Air in Office, Suspended Gas heaters in Warehouse.
Docks: Six (6) 8x10 loading doors and one drive thru (18 x 14) .
Parking: 66 car spaces
Finishes: All walls and ceiling have SportTurf liner.
Utilities: Water and Sewer: Clinton Utilities Board
Electric: Clinton Utilities Board
Gas: Powell Clinch Utilities
Communication: Fiber Optics available and standard telecommunication

Security cameras and building wide WIFI system to convey

Inquire with listing agent about purchase of warehouse rack system currently installed in the building.

Additional Details

Nearest MSA: Knoxville
County: Anderson
Taxing Authority: Anderson County
Tax ID/APN: 00103204206
Property Located Between: State Route 61 and US-441S
Highway Access: 4 miles from I-75
Airports: 33.6 miles from McGhee Tyson (Knoxville) Airport
Site Description: 8.32 Acres in the David Jones Industrial Park with access to the nearly 400k labor force in Anderson county. Level lot with 66 parking space with room to expand the build to 161,800 SF
Area Description: Located in the David Jones Industrial Park. Only 4 miles from I-75 and .2 miles from Highway 61 in the Knoxville, TN MSA. Proven cost effective/available labor. Access to a major Interstate, excellent labor base of close to 400k, low property taxes and low utility costs make this location a great choice.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 115,300 SF
Property Condition: Excellent
Year Built: 1997
Year Renovated: 2020
Roof Type: Gable
Construction/Siding: Steel Frame
Exterior Description: Split Faced Masonry to 7' 4" Steel to eaves
Parking Ratio: 0.6 (per 1000 SF)
Parking Type: Surface
Total Parking Spaces: 66
Eave Height: 24
Column Spacing: 30' x 50'
Overhead Cranes: Undisclosed
Sprinklers: Wet
Amps: 1,200
Volts: 480
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Central, Ceiling Units
Air Conditioning: Package Unit
Lighting: LED
Internet Access: Fiber Optic
Interior Description: Pre-engineered steel column and beam design. Bay spacing - 30’ x 50’, 24’ Eave Height Typical 1212 SF of remodeled office space
Zoning Description: zoned Light Industrial
Lot Frontage: 436 feet
Lot Depth: 927 feet
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Easements Description: Typical easement at the road for utilities
Land Ownership: owned
Legal Description: Parcel Number: 032 042.06

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,164 17,988
Median Age: 43.33 42.46
Households: 2,055 7,139


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