Catylist ID: #30673741
Former Bank Building
Office for SaleAlso listed as Retail-Commercial
|Catylist Listing ID:||30673741|
|Property Subtypes:||Medical, Mixed Use, Flex Space, Office Building, Other|
|Building Size (RSF):||5,042 SF|
|Gross Building Area:||See Agent|
|Gross Land Area:||0.86 Acres|
|Unit Price:||$168.58 PSF|
|Property Use Type:||Vacant/Owner-User, Business|
|Class of Space:||Class B|
|Sale Terms:||Cash to Seller|
Overview / Comments
For Sale or will consider 5+ year absolute net lease to a high credit tenant. Former bank building in Seymour, TN. Last tenant was CNB Bank who relocated nearby. The property is currently vacant and in excellent condition. Good opportunity for an owner-occupant or investor. Exceptional location for a bank/credit union, Medical, jeweler, attorney, real estate or other professional office or other use.
This property has great visibility on busy Chapman Hwy. which has high traffic counts (28,908 ADT). The property is located in unincorporated Blount County almost midway between downtown Knoxville (9.5 miles) and Sevierville (14 miles).
The property is about ¾ acre and has 28 parking spaces and street access on three streets. Two pole signs. The building is approximately 5,042 sq. ft. on 2 floors and has a drive-through set-up. The upper level has large open area with teller stations, one large office and a large vault (it conveys, as does all smaller safes and other fixtures). There is a stairway down to the lower level which features a conference room, 2 restrooms, small kitchen/break room & 2 private offices. The lower level has an exterior entrance and a roll up gate at the bottom of the stairs which allowed the prior tenant to allow civic groups to use the space when the bank was closed.
CapEx includes: New 5-ton HVAC (2017) (1 of 3 units); New roof (2014), Paving (2012).
A surveyor is in the process of relocating the west lot line, subject to approval by the authorities. The change is not expected to materially affect the subject property. Contact a listing agent for current status and details.
Owner prefers to sell but will consider an absolute net lease to a tenant with strong credit at $13.75/SF/Yr. ($5,777/month) as Base Rent + Additional Rent for property taxes . Tenant responsible for building insurance and all maintenance of the property. Lease Term at least five (5) years and subject to Landlord sole approval of the tenant's credit worthiness.
• High traffic count
• Great visibility
• Well maintained
• Ample parking
|Tax ID/APN:||005004E A 00800|
|Property Located Between:||South Knoxville & Seymour|
|Highway Access:||Hwy 441|
|Total Number of Buildings:||1|
|Number of Stories:||2|
|Typical SF / Floor:||2,500 SF|
|Exterior Description:||Brick and Stucco exterior|
|Parking Description:||Front and rear parking|
|Total Parking Spaces:||28|
|Air Conditioning:||Package Unit|
|Interior Description:||Bank buildout|
|Zoning Description:||Blount county commercial|
|Easements Description:||Easement being created between neighboring restaurant & bank|
|Land Ownership:||Fee simple|
|Proximity:||1 mile||3 miles||5 miles|
Steve Goldman, CCIMGoldman Partners Realty, LLC KAAR CIE Member
Sam PhillipsGoldman Partners Realty, LLC KAAR CIE Member
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