Multi-Tenant Medical Investment Property, Lenoir City, TN
$7,340,000
460 Medical Park Drive, Lenoir City, TN 37772
26,556 sqft
Building Size
2.55 acres
Lot Area
Details:
Highlights:
- Well established property with established tenants
- Strong income on a NNN basis
- Proximity to Ft. Loudon Medical Center
- Major retail corridor located just off Lenoir City/I-75 exit
Description:
This income producing opportunity offers over 26,000 sf of multi-tenanted medical space with strong current and future rents in the heart of the Hwy 321 corridor in Lenoir City, Tennessee. Long term tenants with NNN leases and firm terms, outstanding location in close proximity to Ft. Loudon Medical Center, major retailers, multi and single family housing, limited inventory and Lenoir City growth further highlight this opportunity.
Current rents offer over $619,000.00 of annual base rate income offered at a 7.5% +/- cap rate. Rent roll available upon request. Call to schedule tours, do not disturb tenants.
Located adjacent to Ft. Loudon Medical Campus, this property caters to health related uses.
Well cared for, strong visibility, ease of ingress/egress, ample parking and proximity to medical properties further highlight this property.
Documents:
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| Sale_Brochure_-_NEW.pdf | ||
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| Sale_Brochure_-_NEW.pdf |
Location
Gallery
