1250 Tennova Medical Way - Health Care FOR SALE
Knoxville, TN 37909 |
1250 Tennova Medical Way
Knoxville, TN 37909
HIGHLIGHTS
- New 15-Year Absolute NNN Lease with Annual Increases and Three (3) 10-Year Option Periods
- Tenant is a Joint Venture Between Kindred Healthcare, The University of Tennessee Medical Center, and Tennova Healthcare
- 2021 State-of-the-Art Construction Acute Care Hospital
- The 57-Bed Hospital Will Include Therapy Gymnasiums, Therapeutic Courtyard, Golf Chipping Range, Pickleball, and Bocce Ball Courts
- Serves 1,200 Patients Annually with a Two-Week Average Length of Stay
- Project is Entitled for $8,800,000 in Property Tax Incentives Over the Next 15 Years
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Knoxville Rehabilitation Hospital
PROPERTY TYPE
Health Care
TOTAL BUILDING SIZE
70005
STORIES
2
BUILDING CLASS
A
YEAR BUILT
2021
SPRINKLERS
-
PARKING SPACES
75
LAND DETAILS
LAND ACRES
5.97 AC AC
LAND SF
260,037 SF
ZONING
-
APN/PARCEL ID
106KC-01704
