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Value-Add Office Investment Along SR 95 101 E Tennessee Ave
16,348 SF 50% Leased Office Building Oak Ridge, TN 37830 For Sale
Investment Highlights
- 101 E Tennessee Avenue is a renovated 16,348-square-foot office facility with proximity to Oak Ridge Turnpike, seeing over 21,000 vehicles each day.
- Value-add opportunity in a healthy market that has experienced a 1.6% increase in rental rates over the past year.
- Oak Ridge has matched the nation’s annual growth rate over the past decade; these growth trends are expected to continue in the coming years.
- Proximity to major healthcare centers and practitioners, including Methodist Medical Center, Parkway Cardiology, Covenant Medical Group, and more.
- Newly installed features include new roofing, new HVAC systems, extended windows, new camera systems, new flooring, and a newly paved parking lot.
- Located near multiple retailers and service providers, including Aldi, Walmart Supercenter, Chick-fil-A, Kroger, Dunkin’, and much more.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Zoning Ordinance
- Floor Plans & Site Layout
- Third Party Reports
- Title and Insurance
- Title Verification - DO NOT POST
Property Facts
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
New ownership Willing to do build-to-suit Could be demised or subdivided Ground level access on both floors Prime location next to Big Ed's pizza Work ongoing to convert to vanilla shell
Space | Size | Space Use | Condition | Available |
1st Floor | 8,150-8,174 SF | Office | Partial Build-Out | Now |
1st Floor
Size |
8,150-8,174 SF |
Space Use |
Office |
Condition |
Partial Build-Out |
Available |
Now |
1st Floor
Size | 8,150-8,174 SF |
Space Use | Office |
Condition | Partial Build-Out |
Available | Now |
New ownership Willing to do build-to-suit Could be demised or subdivided Ground level access on both floors Prime location next to Big Ed's pizza Work ongoing to convert to vanilla shell
PROPERTY TAXES
Parcel Number | 094O-A-017.00 | Improvements Assessment | $285,240 |
Land Assessment | $34,320 | Total Assessment | $319,560 |
PROPERTY TAXES
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Value-Add Office Investment Along SR 95 | 101 E Tennessee Ave
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