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963-979 Oak Ridge Tpke
Oak Ridge, TN 37830 Oak Ridge

$3,300,000 USD

Storefront For Sale  •  21,230 SF

Property Details

  • Property Type Storefront
  • Total Building Size 21,230 SF
  • Lot Size 2 AC
  • Building Class B
  • Year Built 2007
  • Tenancy Multiple
  • Zoning B2
50 Walk Score

Highlights

Security Square is 100% occupied, giving investors a strong in-place cash flow with very favorable upside.
True Value-Add Opportunity - Rents are 50%~ below market rents ($9.64 PSF In Place vs. $24.00+ PSF Market) with recent leasing activity at $25 PSF
Below replacement cost at $150 PSF.
Excellent visibility and accessibility at a strong signalized hard corner along the city's primary thoroughfare
Located in Oak Ridge, which is outside of downtown Knoxville, Tennessee. Oak Ridge is home to United States Department of Energy facilities
Landlord friendly/well written triple-net (NNN) leases, whereby the tenant is responsible for paying and/or reimbursing the landlord for the property

Property Flyers

Amenities

  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
McGhee Tyson 35 min - 25.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 65
Type: Surface
Included in Rent: Yes
Nick D'Argenzio 818-281-7893 Blvd Real Estate Investment Co.
Nick D'Argenzio 818-281-7893 Blvd Real Estate Investment Co.