Oak Ridge Office Investment
$6,990,000
575 Oak Ridge Turnpike, Oak Ridge, TN 37830
37,978 sqft
Building Size
1.84 acres
Lot Area
Details:
Highlights:
- 100% leased, multi-tenant office building with immediate in-place cash flow
- Diversified tenant mix of professional and service-oriented users
- Stable occupancy history with reduced rollover risk
- Located on Oak Ridge Turnpike, the city’s main commercial corridor
- Strong visibility and easy access to major thoroughfares and surrounding areas
- Close proximity to major employers, including Oak Ridge National Laboratory and other Department of Energy facilities
- Surrounded by retail, dining, and service amenities that support tenant retention
- Established office/medical corridor with consistent demand drivers
- Minimal near-term capital needs for a new owner
- Straightforward, income-producing investment in a stable and growing submarket
Description:
Victory Centre is a fully leased, multi-tenant office building located at 575 Oak Ridge Turnpike in the center of Oak Ridge, Tennessee. With 100% occupancy, the property offers immediate, steady cash flow from a mix of professional and service-oriented tenants, helping reduce vacancy risk and keep things running smoothly.
The building sits along Oak Ridge’s main commercial corridor, giving it great visibility and easy access to surrounding retail, restaurants, and everyday services. It’s also close to major employers in the area, including Oak Ridge National Laboratory and other Department of Energy-related facilities, which helps support ongoing demand for office space.
For an investor, this is a straightforward, income-producing asset with tenants already in place and no heavy lift required. Victory Centre offers a solid, stable return in a well-established and reliable market.
The Victory Centre is strategically positioned along Oak Ridge’s primary commercial corridor, offering strong visibility and convenient access throughout the region. It sits on Oak Ridge Turnpike between Fairbanks Road and Dresden Road, providing direct connectivity to major routes including Interstates 40 and 75 and easy access to nearby Oak Ridge and the greater Knoxville area.
Location
Gallery
