Crossville, TN Investment Opportunity 100% Occupied

Office for Sale
Catylist Listing ID: 30515889
Property Subtypes: Office Building
Building Size (RSF): 3,805 SF
Gross Building Area: 4,136 SF
Gross Land Area: 1.20 SF
Sale Price: $750,000
Unit Price: $197.11 PSF
Property Use Type: Investment
Usable Size (USF): 3,805 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 11/18/2019

Overview / Comments

Investment Opportunity! Brand new building with 100% occupancy. This property's tenant has a AAA rating from Moody's, Fitch and S&P. Property is surrounded by high traffic neighbors and has easy access into and and out of the parcel. A long-term lease with pre-approved renewal options and rent escalations is in place. This is a turn-key investment property.

Attachments & Media

Additional Details

Nearest MSA: Crossville
County: Cumberland
Tax ID/APN: 018076D A 00100
Area Description: This property resides in Crossville, Tennessee just off of Peavine Road. Less than five miles from I-40 with easy access to the main road.
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2018
Parking Type: Surface
Heat Type: Natural Gas
Water Service: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,572 8,815 10,645
Median Age: 69.77 64.8 61.37
Households: 867 4,390 5,111

Contact

Photograph of Listing Agent

Roger M. Moore, Jr.

NAI Koella | RM Moore KAAR CIE Member
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