2636 Maryville Pike, Knoxville

Office for Sale
Catylist Listing ID: 30409822
Property Subtypes: Medical, Office Building
Building Size (RSF): 8,300 SF
Gross Land Area: 5.03 Acres
Sale Price: $890,000
Unit Price: $107.23 PSF
Ceiling: 8 ft.
Property Use Type: Net Leased Investment (NNN)
Usable Size (USF): 8,300 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/18/2019

Overview / Comments

Income producing property situated on 5.03 acres. This property houses a licensed residential treatment facility w/ 8.5 years of a 10 year NNN lease remaining. Tenant is well established in the industry with multiple locations. Lease also subject to 5 - one year extension options. Adjacent property along Southern property line(s) under development for a 69 lot subdivision.

Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: Knox County
Tax ID/APN: 13502209
Zoning: RB & A
Property Located Between: Alcoa Highway and W Gov. John Sevier Hwy
Highway Access: Alcoa Hwy via John Sevier Hwy
Airports: McGhee Tyson
Site Description: Level and rolling, partially wooded. Roughly symmetrical with 411 feet of frontage along Maryville Pike. This property is immediately adjacent to a 69 lot residential subdivision currently under development.
Area Description: Growing residential area, access to McGhee Tyson airport, Downtown Knoxville, UT Hospital, and Alcoa Hwy.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,148 SF
Year Built: 1984
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: Brick exterior
Parking Type: Surface
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Other
Zoning Description: RB & A
Lot Frontage: 411 feet
Lot Depth: Approximately 500 feet
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: Massengill

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,080 23,850 88,378
Median Age: 46.53 38.87 33.98
Households: 1,362 10,419 36,836

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