420 Laboratory Rd - Medical FOR SALE


Oak Ridge, TN 37830
$2,100,000 USD
865-567-8515
420 Laboratory Rd, Oak Ridge, TN for Sale
$2,100,000 USD
Medical - FOR SALE
1/14
null | Request Cap Rate

NEW


420 Laboratory Rd
Oak Ridge, TN 37830


HIGHLIGHTS

  • Strong Existing Cash Flow for Current Medical Tenant
  • Growing Market of Oak Ridge, TN
  • 4,000 SF of Leasable Space

OVERVIEW

Prime Investment & Owner-User Opportunity in a Growing Medical/Office Market A unique opportunity to acquire a well-located medical/office property in the expanding Oak Ridge commercial real estate market. The building offers a total of 11,142 square feet of functional space, with a stable tenant in place and additional vacant area that presents future income or owner-occupancy potential. Property Highlights: • Total Building Size: Approximately 11,420 SF (gross building area). • Strong Existing Cash Flow: A substantial portion of the building is currently occupied by East Tennessee Oral & Maxillofacial Surgery, a well-established medical practice with long-term tenancy. • Vacant Space Available: Approximately 4,000 SF of office space is currently vacant for lease or owner use, offering immediate upside income or the opportunity for the buyer to occupy space for their own operations. • Flexible Use: Ideal for investors seeking a stabilized property with upside potential or owner-users looking to locate their office while benefiting from rental revenue. • Desirable Location: Situated in Oak Ridge — a dynamic market supported by steady demand for quality medical and professional office space. This offering delivers a balanced blend of income stability and growth potential, making it attractive for investors and owner-occupiers alike. Don’t miss your chance to own a versatile asset in one of East Tennessee’s established commercial corridors

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$206 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

O-2

APN/PARCEL ID

100A-C-037.00

ASK ABOUT THIS PROPERTY

Mary Ellen KilburnNAI Koella | RM MooreMore Info
865-567-8515

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Mary Ellen KilburnNAI Koella | RM MooreMore Info
865-567-8515

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