Prime Office Building For Sale
Office
for Sale
Sale Pending
| Catylist Listing ID: |
30825699 |
| Property Subtypes: |
Office Building
|
| Status: |
Pending |
| Building Size (RSF): |
13,000 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
8,773 SF
|
| Sale Price: |
$3,495,000 |
| Unit Price: |
$268.85 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Class of Space: |
Class B |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
6/6/2023 |
Overview / Comments
Fabulous opportunity to own a free standing 13,000 SF office building near downtown and overlooking the Tennessee river. Convenient proximity to James White Parkway and I -40 making Knoxville and surrounding areas easy to travel to. Situated between Outdoor Knoxville, Volunteer Landing Marina and Ruth’s Chris Steakhouse make this building a noticeable, distinguished landmark. This 2-story building has a multitude of windows lending awesome views of the river, Knoxville’s skyline, and even Neyland Stadium. It is a unique mix of modern and traditional, with the 2nd story recently renovated with designer, modern fixtures and furnishings. This floor boasts flexible working arrangements and has a great mix of executive offices, open collaborative workspaces, standard conference rooms, fun areas to host clients, guests and coworkers. Nothing was left to desire on the finishes in this space. The first story hosts a long-term legal firm (whose intention it is to renew) and is clearly more traditional in layout and design.
Additionally, this building is surrounded by plenty of free parking and also has access to a gated parking lot with approximately 25 spots included. Important to note that the building is on a 100+ year ground lease, with FREE rent.
|
Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Knox |
| Taxing Authority: |
City of Knoxville |
| Tax ID/APN: |
095JB011 |
| Zoning: |
DK-E |
| Property Visibility: |
Good |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Year Built: |
1998 |
| Passenger Elevators: |
1 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
13,088 |
79,364 |
144,188 |
| Median Age: |
27.55 |
32.21 |
35.09 |
| Households: |
5,544 |
31,769 |
61,427 |
|
© Copyright 2001-2023 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Knoxville Area Association of REALTORS® nor
Moody's assume any liability for errors or omissions.
|
