Office for Sale
Catylist Listing ID: 29890498
Property Subtypes: Governmental, High-Tech, Institutional, Medical, Office Building, General
Building Size (RSF): 36,921 SF
Sale Price: $3,950,000
Unit Price: $106.99 PSF
Property Use Type: Vacant/Owner-User
Building Name: Deane Hill Drive Building
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/25/2019

Overview / Comments

Outstanding office space on Bearden Hill between Deane Hill Drive and Kingston Pike. The total square footage available is 36,921 on two levels, with 18,460 on each. The upper level is largely open area, with a few private offices. The main level also has significant open areas, but more fixed wall offices. Floor plans are included in the attached brief. The building has many attributes, including it's prime Bearden location, ample parking, extensive cabling, server and phone rooms with independent HVAC, fiber optic, ample electrical circuitry well distributed though out the building, key card entry system and much more. Included in the lease at no additional cost is an adjoining 7 bay storage building of 2,750 SF. The base listing includes 152 parking spaces, but the landlord owns additional adjoining land and could accommodate virtually any parking requirement. The availability of additional adjoining land also presents the opportunity to expand the existing building or construct additional separate buildings to create a campus environment. Direct access to Deane Hill Drive, and two points of access to Kingston Pike. Signage is available at both Kingston Pike and Deane Hill Drive.

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 121AC01201
Zoning: O-1
Site Description: Approximately 3 acres on Bearden Hill between Kingston Pike and Deane Hill Drive. Direct access to Deane Hill Drive and two points of access to Kingston Pike. Signage available at both Deane Hill Drive and Kingston Pike
Total Number of Buildings: 1
Number of Stories: 2
Parking Description: 152 parking spaces included in base listing. Additional land is available if necessary to accommodate virtually any parking requirement.
Zoning Description: O-1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,864 62,624 161,603
Median Age: 36.92 36.89 35.12
Households: 2,852 28,641 66,903


Photograph of Listing Agent

Greg McWhorter

Market Realty, LLC KAAR CIE Member
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