Industrial, Multi-Tenant Warehouse 100% Leased
Industrial
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30851944 |
| Property Subtypes: |
Net Leased
|
| Status: |
Pending/Contingent |
| Building Size (RSF): |
31,900 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
3 Acres
|
| Sale Price: |
$2,100,000 |
| Unit Price: |
$65.83 PSF |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Average Occupancy Rate: |
100 |
| Last Updated: |
11/29/2023 |
Overview / Comments
31,900 SF divided into 5 separate spaces at approximately 6,380 SF each. 100% occupied with upcoming renewals allows for immediate value-add opportunity by raising rents. Current rents are well under market. Each space is separately metered for electricity, has roll up doors, heating, small office, restroom and separated by two-hour firewalls. Excellent location just minutes from I-75 and I-40.
Property to be surveyed and subdivided to approximately 3 Acres before closing. Square footage per public record. Do not disturb tenants.
Call Listing Agent for information.
|
Financials
| Finance Data Year |
2023 |
| Real Estate Taxes - Annual($) |
$7,864 (Annual) |
Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Knox |
| Tax ID/APN: |
067 00301 |
| Zoning: |
CB |
| Site Description: |
Level |
| Area Description: |
I-75 Emory Rd Exit, 3.5 miles to Clinton Hwy, property 400 yards north of Emory Rd intersection. |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Year Built: |
1960 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
7,602 |
34,768 |
100,641 |
| Median Age: |
39.62 |
38.25 |
36.85 |
| Households: |
2,996 |
13,756 |
41,112 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither East Tennessee Realtors nor
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|
