Elevator-Served Medical Office

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30841155
Property Subtypes: Medical, Office Building
Status: Pending/Contingent
Building Size (RSF): 8,286 SF
Gross Land Area: 0.71 Acres
Sale Price: $1,250,000
Unit Price: $150.86 PSF
Property Use Type: Investment
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/20/2023

Overview / Comments

Elevator-served medical
Fully-occupied investment
40 parking spots (4.8:1,000)
Well-established office corridor
Extensive capital improvements
Great upside when leases rollover
Former First Horizon Bank office building
Close to shopping and restaurants like Litton's

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: City of Knoxville
Tax ID/APN: 058FE00601
Zoning: O
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1988
Parking Type: Surface
Total Parking Spaces: 40
Passenger Elevators: 1
Zoning Description: O
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,918 66,361 146,453
Median Age: 40.68 38.55 37.3
Households: 2,797 29,178 62,648


Photograph of Listing Agent

G. Sam Tate, Jr., CCIM

NAI Koella | RM Moore ETNRCRE Member
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