545 Oak Ridge Tpke | Oak Ridge, TN 37830
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
545 Oak Ridge Tpke
Oak Ridge, TN 37830
Atkins Nuclear Secured · Office Property For Sale
Investment Highlights
- STRONG TENANT PROFILE - Atkins Nuclear Secured, a member of the SNC-Lavalin Group with $5.89 Billion in revenue, is a world leading firm.
- ANNUAL RENTAL INCREASES - The lease provides 2.5% annual rental increases through the base term and option periods.
- RECENT EXPANSION - In 2017, Atkins Nuclear Secured elected to take over 100% of the GLA and is the sole tenant occupying the building.
- NEW LEASE EXTENSION - The tenant just exercised a new 3-year lease extension, and eliminated a handful of LL expenses/responsibilities.
- HIGH YIELD INVESTMENT - This property provides an 8.71% blended cap rate in the base term, a superior yield to the vast majority of investments.
- INCOME TAX-FREE STATE - Tennessee is non-income tax state.
PROPERTY FACTS
Property Type
Office
Building Size
36,005 SF
Building Class
B
Year Built
2002
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
18,003 SF
Slab To Slab
15’
Building FAR
0.32
Lot Size
2.60 AC
Parking
75 Spaces (2.08 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 094K-A-009.00 | Improvements Assessment | $1,090,400 |
| Land Assessment | $210,040 | Total Assessment | $1,300,440 |
PROPERTY TAXES
Parcel Number
094K-A-009.00
Land Assessment
$210,040
Improvements Assessment
$1,090,400
Total Assessment
$1,300,440
Learn More About Investing in Office Space
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
