Knoxville, Tennessee offers a diverse range of Office Properties For Sale, with 27 listings available. Investing in Office Properties in Knoxville can be a wise decision, as the city's strong economy and growing population create a high demand for office space. Office Properties can represent a variety of investments, from single-story buildings to high-rise complexes, and can be used for a range of purposes, including professional services, healthcare, and technology. Knoxville's Office Properties often feature amenities such as parking, elevators, and high-speed internet, making them attractive to businesses and entrepreneurs. The city's location, nestled in the Great Appalachian Valley, provides easy access to major transportation routes, including I-40 and I-275, and McGhee Tyson Airport. Additionally, Knoxville is home to the University of Tennessee, a major employer and driver of economic growth, as well as a range of cultural attractions, including the Knoxville Symphony Orchestra and the Dogwood Arts Festival. With its unique blend of natural beauty, economic vitality, and cultural richness, Knoxville is an ideal location for businesses and investors alike.
Knoxville's Office Properties are just one part of the city's diverse commercial real estate landscape, which also includes Commercial Real Estate, Apartment Buildings, Shopping Centers, and Hotels. The city's Commercial Real Estate market is driven by its strong economy and growing population, with major employers such as First Horizon Bank and the University of Tennessee driving demand for office space. Apartment Buildings in Knoxville offer a range of options for residents, from luxury complexes to affordable housing. The city's Shopping Centers, including West Town Mall and Turkey Creek, provide a range of retail options for consumers. Meanwhile, Knoxville's Hotels, such as the Knoxville Marriott and the Hilton Knoxville, offer comfortable accommodations for visitors. With its diverse range of commercial properties, Knoxville is an attractive location for businesses, investors, and residents alike. The city's unique blend of natural beauty, economic vitality, and cultural richness make it an ideal location for anyone looking to invest in Office Properties or other commercial real estate.
What is the average price per square foot for office properties in Knoxville?
As of now, there are 27 office properties available for sale in Knoxville, with an average price per square foot of $237 USD, and an average size of 17,194 square feet, ranging from smaller offices to larger spaces of up to 122,859 square feet, offering a variety of options for businesses and investors alike.
What should I know about office property classifications (Class A, B, C)?
When searching for office properties for sale in Knoxville, it's essential to understand the classification system, which categorizes properties based on their quality, amenities, and location, to make an informed investment decision.
- Class A office properties are typically high-rise buildings with premium finishes, advanced technology, and prime locations, often attracting top-tier tenants and commanding higher rental rates.
- Class B office properties offer functional space with standard finishes and amenities, suitable for a wide range of tenants, and are generally more affordable than Class A properties.
- Class C office properties are often older, less renovated buildings with limited amenities, typically appealing to budget-conscious tenants or those requiring minimal space.
