16000 TN-111 Rt - Office FOR SALE


Spencer, TN 38585
$499,900 USD
931-260-3743
16000 TN-111 Rt, Spencer, TN for Sale
$499,900 USD
Office - FOR SALE
1/16
null | Request Cap Rate

16000 TN-111 Rt
Spencer, TN 38585


HIGHLIGHTS

  • Fronts State Route TN 111
  • Very well maintained
  • 1.9 Acre site provides expansion opportunities
  • Ample parking
  • Potential to subdivide premises

OVERVIEW

The Subject Property offers a very well maintained, all brick, commercial building totaling 4,707+/-sf of conditioned space situated on 1.9+/- Acres fronting State Route TN 111. The building is comprised of multiple offices, men’s and women’s restrooms, kitchenette, breakroom and open flex space. The interior of the premises were updated in 2022/2023 and the exterior was last updated in 2013/2014. The property provides ample parking with 81 spaces, multiple points of ingress/egress and over 350 feet of frontage along TN 111. The property is located approximately 27 miles south of Cookeville, TN and approximately 1 hour north of Chattanooga.

FOR SALE DETAILS

PRICE

$499,900 USD

PRICE/SF

$106 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Sweetland Properties

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

1.94 AC

LAND SF

84,506 SF

ZONING

C-2

APN/PARCEL ID

023N-A-033.00

ASK ABOUT THIS PROPERTY

Wayne RussellHighlands Elite Real Estate CommercialMore Info
931-260-3743

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

Wayne RussellHighlands Elite Real Estate CommercialMore Info
931-260-3743

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