Brookvale I

Office for Sale
Catylist Listing ID: 30472590
Property Subtypes: Office Building
Building Size (RSF): 23,042 SF
Gross Building Area: See Agent
Sale Price: $1,850,000
Unit Price: $80.29 PSF
Property Use Type: Investment
Class of Space: Class B
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 11/13/2019

Overview / Comments

Avison Young is pleased to offer, to qualified investors, the opportunity to purchase a 77% value add 23,042 SF office building. Brookvale I was renovated in 2018 and sits on 1.67 acres (including the ability to expand the building or parking on .35 acres).

The Bearden/Papermill area boast a vacancy rate of less than 8%. Brookvale I is perfectly suited for professional service firms because of its easy access and available parking. Aubrey's, Waffle House, Five Guys, Barbaritos, Bistro by the Tracks and Burger King are all with in a five minute walk. Some of Knoxville's most respected companies call this area home including; Pilot Travel Centers, Team Health and Bush Brothers Beans.

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 107PC040

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,907 61,628 169,009
Median Age: 36.45 36.35 34.93
Households: 3,330 28,108 70,725

Contact

Photograph of Listing Agent

John M Adams III, CCIM SIOR

Avison Young KAAR CIE Member
Photograph of Listing Agent

Justin Cazana

Avison Young KAAR CIE Member
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