Catylist ID:
#30796282
| Catylist Listing ID: | 30796282 |
| Property Subtypes: | High-Tech, Medical, Net Leased, Office Building |
| Building Size (RSF): | 7,772 SF |
| Gross Land Area: | 0.81 Acres |
| Sale Price: | $1,620,000 |
| Unit Price: | $208.44 PSF |
| Property Use Type: | Net Leased Investment (NNN), Investment |
| Class of Space: | Class A |
| Usable Size (USF): | 7,772 SF |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Average Occupancy Rate: | 100 |
| Last Updated: | 4/27/2022 |
Overview / Comments
|
Excellent investment opportunity in this income-producing office building in Maryville. Built in 2003, the offices house a single tenant whose lease runs through April 2023, although the current tenant is relocating and would be open to negotiating with a new owner an earlier exit from his lease. The floorplan includes an entry vestibule, a reception area, and fourteen individual offices around the perimeter of the building with a large open space in the interior that is equipped with cubicles. There are two smaller conference rooms and one large one, and a generously-sized breakroom. One two-piece restroom is located adjacent to the reception area at the main entry; two five-piece restrooms are located in the interior of the building. The site is a level 0.81 acres. Parking is marked for 39 spaces, three of which are designated handicapped. This building is situated in the heart of a relatively new, business-oriented area with some nearby retail. It's adjacent to Maryville's main US Post Office, several banks, and other professional services providers. 222 Keller is also close to Blount Memorial Hospital (10 minutes), and it's about 8 minutes to downtown Maryville. |
Additional Details
| Nearest MSA: | Knoxville |
| County: | Blount |
| Taxing Authority: | Blount County, TN + Maryville, TN |
| Tax ID/APN: | 005057OE00512 |
| Highway Access: | Highway access is excellent. Highway 129 (Alcoa Highway) and Highway 411 are major arteries that are both about a minute's drive from 222 Keller. |
| Airports: | TYS is a 10-minute drive. |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Typical SF / Floor: | 7,772 SF |
| Year Built: | 2003 |
| Roof Type: | Flat |
| Construction/Siding: | Brick |
| Parking Type: | Surface |
| Parking Description: | 39 spaces on surface lot, including 3 designated handicapped. |
| Total Parking Spaces: | 39 |
| Heat Type: | Electricity |
| Heat Source: | Central |
| Air Conditioning: | Package Unit |
| Zoning Description: | Business & Transportation: City of Maryville |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 7,840 | 40,105 | 68,505 |
| Median Age: | 39.61 | 39.33 | 40.36 |
| Households: | 3,296 | 15,820 | 27,336 |
| © Copyright 2001-2022 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Knoxville Area Association of REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions. |
