New Construction Industrial Warehouse - Lovell Road

Industrial for Sale
Catylist Listing ID: 30336675
Property Subtypes: Free-Standing, Light Industrial, Research & Development, Warehouse/Distribution, Other
Building Status: Under Construction
Building Size (RSF): 7,250 SF
Gross Building Area: See Agent
Gross Land Area: 2.21 Acres
Sale Price: $1,499,000
Unit Price: $206.76 PSF
Docks/Doors: 1 Dock
Office SF: 1,500 SF
Drive In Bays: 3 Bays
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/22/2018

Overview / Comments

This new construction industrial property offers 5,750 (+/-) SF of warehouse space with 1,500 (+/-) SF of office space.

The facility has 400 amp single phase electrical service, one dock door, and three drive-in doors. The office area is located at the front of the building and will include open space, hard walled offices, a breakroom, and restrooms.

Conveniently located on Lovell Road, the building is just over a mile from Exit 374 to the south and less than a mile from the Lovell Road/Pellissippi Parkway interchange to the north.

Construction is anticipated to be completed by mid-October.

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 118 06001
Zoning: OB/TO
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2018
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,411 35,180 104,848
Median Age: 36.28 41.77 39.17
Households: 2,099 14,021 41,567

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