For Sale
$965,000
2507 Mineral Springs Ave Knoxville, TN 37917
Fully Leased, Updated Creative Office
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- $965,000 asking price for a 7,404 SF Class B office building.
- 100% occupied, multi-tenant property (3 tenants) with a 7.66% pro-forma cap rate and $73,880 pro-forma NOI.
- Located at 2507 Mineral Springs Ave, Knoxville, TN 37917, on a 0.95-acre lot with 5.7 parking spaces per 1,000 sq ft.
- Features recent updates, a free-standing brick structure, and a good tenant mix, including one tenant occupying 3700 SF since 2010.
- Modified lease terms with rent bumps; O-1 zoning.
Property Details for 2507 Mineral Springs Ave
- Property type
- Office properties, Medical offices
- Square Feet
- 7,404 SF
- Class
- B
- Lot Size (sq. ft)
- 41,382 SF
Location Insight
- City
- Knoxville
- County
- Knox
- State
- Tennessee
- Latitude
- 36.0159444
- Longitude
- -83.9199418
Nearby Similar for Sale
FAQs
- What type of property is this?
- Office property - Fully Leased, Updated Creative Office
- Where is the office property located?
- The property is located at 2507 Mineral Springs Ave Knoxville, TN.
- What is the asking price?
- The asking price for this property is $965,000.
- What are key features of this property?
- This property features: $965,000 asking price for a 7,404 SF Class B office building.; 100% occupied, multi-tenant property (3 tenants) with a 7.66% pro-forma cap rate and $73,880 pro-forma NOI.; Located at 2507 Mineral Springs Ave, Knoxville, TN 37917, on a 0.95-acre lot with 5.7 parking spaces per 1,000 sq ft.
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