14542 El Camino Ln - Distribution FOR SALE


Lenoir City, TN 37771 | 
$13,950,000 USD
865-680-2003
14542 El Camino Ln, Lenoir City, TN for Sale
$13,950,000 USD
Distribution - FOR SALE
1/12
null | Request Cap Rate

14542 El Camino Ln
Lenoir City, TN 37771


HIGHLIGHTS

  • 100% HVAC, plus fans
  • 15 dock doors
  • Built in 2007

OVERVIEW

Altum Commercial Real Estate is pleased to present 14542 El Camino Lane, a premier industrial investment property ideally positioned at the I-40/75 split in West Knoxville/Lenoir City, Tennessee. Ideal owner-occupant building desiring additional income or future expansion. The owner is currently occupying 72,596 SF and would do a short-term lease. The remaining 53,380 SF is leased until October of 2028. This modern industrial facility offers 125,976 SF of high-specification warehouse and manufacturing space featuring 32'–36' clear heights, ESFR fire suppression, 100% HVAC, and a full complement of dock and grade-level loading. Built in 2007, the property features 8.7 acres of excess land for future development. Two acquisition paths: (1) Owner-Occupant — occupy Suite B (72,596 SF) while Suite A (TGS Precision, NNN) generates $427,040/yr through October 2028; or (2) Investor — acquire the fully-leased building with seller (MVP) leasing back Suite B short-term, producing $1,080,404/yr from day one, until lease-up.

FOR SALE DETAILS

PRICE

$13,950,000 USD

PRICE/SF

$108 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

UTILITIES

Lighting - Fluorescent, Gas, Water, Sewer, Heating

CLEAR CEILING HT

38.166666666666664 Ft

DOCKS

17

DRIVE INS

3

PARKING SPACES

75

LAND DETAILS

LAND ACRES

17.31

LAND SF

754,024

ZONING

M-1

APN/PARCEL ID

004-004.00

ASK ABOUT THIS PROPERTY

David StanleyAltum Commercial Real EstateMore Info
865-680-2003

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David StanleyAltum Commercial Real EstateMore Info
865-680-2003

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.