South Knoxville Industrial Sale/Leaseback

Industrial for Sale
Catylist Listing ID: 30456022
Property Subtypes: Free-Standing, Manufacturing, Light Industrial, Warehouse/Distribution, Other
Building Size (RSF): 42,000 SF
Gross Building Area: See Agent
Sale Price: $495,000
Unit Price: $11.79 PSF
Drive In Bays: 3 Bays
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 10.51%
Last Updated: 12/12/2019

Overview / Comments

SVN | Wood Properties is pleased to announce the sale/leaseback offering of a roughly 42,000 SF industrial space in the rapidly growing submarket of South Knoxville. Please call the Agent for additional information.

- Strong tenant financials
- Five to seven year initial term
- Limited landlord responsibility
- NNN lease
- 3-phase power
- Flexible zoning

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: Knox
Tax ID/APN: 138 27301
Zoning: EC
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Parking Type: Surface
X-Phase: 3-Phase

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,153 15,306 33,151
Median Age: 43 42.96 40.31
Households: 479 6,062 12,934

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