10361 SF Office Bldg - Fully Leased (can be vacated)

Office for Sale
Catylist Listing ID: 29921540
Property Subtypes: Office Building
Building Size (RSF): 10,361 SF
Gross Land Area: 0.59 Acres
Sale Price: $1,500,000
Unit Price: $144.77 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: First Priority Building - Central Avenue Pk
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/8/2018

Overview / Comments

10,361 SF office building. Can be bought 100% leased, or major tenant will relocate if desired by a buyer that also wants to occupy the building. Private entrances and restrooms on each level, a full kitchen on the main level and kitchenette on the upper level. Two board rooms with high-end finish craftsmanship that open up to reveal one large conference room with teleconferencing. Private offices as well as 2,168sf open work group spaces.

Main floor (4,096sf+/-) and top floor (2,168sf +/-) are currently owner-occupied. Owner/occupant can relocate its offices out of the building for buyer that wants to occupy the top two floors (6,264 SF), or seller can continue its tenancy after the sale.

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 069IA013
Property Located Between: I-640 and Merchant's Dr
Area Description: Easily access to I-75, I-275, I-640, Clinton Highway (US 25W) & Downtown Knoxville via Gap Rd or Merchants Drive
Number of Stories: 3
Year Built: 2001
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Engineered System
Internet Access: Gigabit

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,332 75,815 182,616
Median Age: 35.64 35.49 35.07
Households: 3,514 33,772 76,550

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