1250 Tennova Medical Way | Knoxville, TN 37909
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1250 Tennova Medical Way
Knoxville, TN 37909
Knoxville Rehabilitation Hospital · Health Care Property For Sale · 57 Beds
Investment Highlights
- New 15-Year Absolute NNN Lease with Annual Increases and Three (3) 10-Year Option Periods
- 2021 State-of-the-Art Construction Acute Care Hospital
- Serves 1,200 Patients Annually with a Two-Week Average Length of Stay
- Tenant is a Joint Venture Between Kindred Healthcare, The University of Tennessee Medical Center, and Tennova Healthcare
- The 57-Bed Hospital Will Include Therapy Gymnasiums, Therapeutic Courtyard, Golf Chipping Range, Pickleball, and Bocce Ball Courts
- Project is Entitled for $8,800,000 in Property Tax Incentives Over the Next 15 Years
PROPERTY FACTS
| Property Type | Health Care | Building Size | 71,762 SF |
| Property Subtype | Rehabilitation Center | No. Beds | 57 |
| Building Class | A | No. Stories | 2 |
| Lot Size | 5.97 AC | Year Built | 2021 |
| Property Type | Health Care |
| Property Subtype | Rehabilitation Center |
| Building Class | A |
| Lot Size | 5.97 AC |
| Building Size | 71,762 SF |
| No. Beds | 57 |
| No. Stories | 2 |
| Year Built | 2021 |
PROPERTY TAXES
| Parcel Number | 106KC01704 | Improvements Assessment | $23,356,700 |
| Land Assessment | $1,067,100 | Total Assessment | $24,423,800 |
PROPERTY TAXES
Parcel Number
106KC01704
Land Assessment
$1,067,100
Improvements Assessment
$23,356,700
Total Assessment
$24,423,800
zoning
| Zoning Code | Industrial (NEC) |
| Industrial (NEC) |
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