Oak Ridge Office Portfolio

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30814261
Property Subtypes: Business Park, Office Building
Status: Pending/Contingent
Building Size (RSF): 9,746 SF
Gross Land Area: 0.65 Acres
Sale Price: $1,350,000
Unit Price: $138.52 PSF
Property Use Type: Investment
Building Name: Tennessee Square
Class of Space: Class B
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 9/20/2023

Overview / Comments

***Fully-Leased as of 1/19/2023***

4 freestanding brick office buildings
Well-maintained and beautifully landscaped
Roofs in excellent condition, remodeled interiors
Free access to adjacent 1 acre public parking lot
Great tenant mix securities broker, attorneys, CPA
Owner may consider seller financing for right buyer

Additional Details

Nearest MSA: Knoxville
County: Anderson
Taxing Authority: City of Oak Ridge
Tax ID/APN: 001100AB00200
Property Visibility: Good
Total Number of Buildings: 4
Year Built: 1981
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,753 24,790 42,922
Median Age: 47.04 41.87 42.48
Households: 2,695 10,906 18,138


Photograph of Listing Agent

G. Sam Tate, Jr., CCIM

NAI Koella | RM Moore ETNRCRE Member
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