Net Leased Retail Offering City of Oak Ridge
Retail-Commercial
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30838490 |
| Property Subtypes: |
Mixed Use, Retail-Pad, Street Retail, Other
|
| Status: |
Pending/Contingent |
| Building Size (RSF): |
9,888 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$2,107,256 |
| Unit Price: |
$213.11 PSF |
| Property Use Type: |
Net Leased Investment (NNN), Investment, Vacant/Owner-User |
| Building Name: |
Central Park |
| Sale Terms: |
Other |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/28/2023 |
Overview / Comments
Net Leased Retail/Office Investment offering in the “Golden Triangle” of the City of Oak Ridge. With strong income, employment and growth in all real estate sectors in this market, Oak Ridge has seen some big changes to its commercial real estate landscape in the past few years. Central Park is home to a wonderful mix of local, regional, and national brands; providing you the opportunity to diversify your real estate holdings with strong income and tax benefits coupled with low owner maintenance and responsibility. Situated on the highly trafficked Oak Ridge Turnpike adjacent to Home Federal Bank, this offering of 6 retail and office condos can be purchased individually or as a package. Contact agent for financials and rent rolls.
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Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Anderson |
| Taxing Authority: |
City of Oak Ridge |
| Tax ID/APN: |
001100HA00500 |
| Zoning: |
COMMERCIAL |
| Retail Clientele: |
General, Family, Business |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Oak Ridge Turnpike |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Property Condition: |
Excellent |
| Year Built: |
2006 |
| Parking Description: |
Field parking surface |
| Zoning Description: |
Commercial |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,578 |
24,414 |
39,767 |
| Median Age: |
39.43 |
42.07 |
43.42 |
| Households: |
3,128 |
10,771 |
17,012 |
|
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The information presented herein is provided as is, without warranty of any kind.
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