Tellico Village Investment Opportunity

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30327533
Property Subtypes: Mixed Use
Building Size (RSF): 8,000 SF
Gross Building Area: See Agent
Sale Price: $715,000
Unit Price: $89.38 PSF
Property Use Type: Investment
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: 9.5%
Last Updated: 8/31/2020

Overview / Comments

Tellico Village Investment Opportunity
9.50% Cap Rate
Multi-Tenant Building With Lorenzo's Mexican Grille, Axiom Metals, Select Physical Therapy, and Apartment Unit
3 Leases/Renewals Signed This Year
Well Maintained Building - 2 Office Suites Renovated in 2018
New Roof Installed in 2014

Additional Details

Nearest MSA: Knoxville
County: Loudon
Tax ID/APN: 053058 09300
Total Number of Buildings: 1
Parking Type: Surface
Parking Description: Ample parking located all around the property

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,080 3,786 17,599
Median Age: 66.34 66.51 51.57
Households: 1,045 1,923 7,542


Photograph of Listing Agent

John Haney, CCIM

NAI Koella | RM Moore KAAR CIE Member
Photograph of Listing Agent

Noah Castleman

NAI Koella | RM Moore KAAR CIE Member
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