Cash Flowing Medical Property and Additional Vacant Lot

Office for Sale
Also listed as Vacant Land
Catylist Listing ID: 30652784
Property Subtypes: Medical, Mixed Use, Flex Space, Net Leased, Office Building, Other
Building Size (RSF): 4,186 SF
Gross Land Area: 2.50 - 5 Acres
Sale Price: $795,000
Unit Price: $189.92 PSF
Property Use Type: Net Leased Investment (NNN)
Class of Space: Class C
Usable Size (USF): 4,186 SF
Sale Terms: Cash to Seller
Last Updated: 9/16/2021

Overview / Comments

2715 and 2725 Governor John Sevier Hwy. Current property operates as a medical office on 2.5 acres with 2.5 acres adjacent land ready for development. Great access corner lot at the entrance of Forks of the River Industrial Park. NNN Lease with 3,000 square feet currently under lease for $3,500 monthly with another 4 years remaining on lease.

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 097 03301
Property Located Between: East Governor John Sevier Highway and Ashville Highway.
Property Visibility: Excellent
Highway Access: Interstate 40 is 3 miles away
Airports: McGhee Tyson
Total Number of Buildings: 1
Year Built: 1981
Construction/Siding: Block
Parking Description: Concrete parking lot with lined spaces
Total Parking Spaces: 24
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Interior Description: Established medical office with 3 exam rooms, 4 bathrooms, 3 offices, X-ray room, break room, and conference room.
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,757 13,018 65,492
Median Age: 45.23 43.14 39.07
Households: 749 5,540 28,442

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