7209 Chapman Hwy - Office FOR SALE


Knoxville, TN 37920
$2,850,000 USD
865-680-1110
7209 Chapman Hwy, Knoxville, TN for Sale
$2,850,000 USD
Office - FOR SALE
1/8
null | Request Cap Rate

Jan '25


7209 Chapman Hwy
Knoxville, TN 37920


HIGHLIGHTS

  • Prime location with access to HWY-441.
  • Opportunity for retail/office development.
  • The property features a rubber roof, 3-phase wiring, and ample parking, offered at a price below its appraised value.

OVERVIEW

This building has a main level consisting of 13,380 square feet. The Abundant Life Family Practice has a lease on 5,480 square feet until December 31,2024 and is paying $6,000 per month NNN. The balance of the space upstairs and the lower level is leased until May 1, 2023 and then will be vacated. Triple net at $15,500 for January and February and $29,500 for March and April. The building has a rubber roof, 3 phase wiring and adequate parking. This property is being offered at a price below the appraised value.

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/SF

$107 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

GC

APN/PARCEL ID

137-176

ASK ABOUT THIS PROPERTY

Heiskell HowardRealty Executives AssociatesMore Info
865-680-1110

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Heiskell HowardRealty Executives AssociatesMore Info
865-680-1110

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.