7680 Dannaher Dr - Medical FOR SALE


Powell, TN 37849
$7,200,000 USD
865-584-2000
7680 Dannaher Dr, Powell, TN for Sale
$7,200,000 USD
Medical - FOR SALE
1/13
null | 6.75% Cap Rate

7680 Dannaher Dr
Powell, TN 37849


OVERVIEW

Property Information 13,291 Sq. Ft. 1.75 Acres $7,200,000 10-year NNN Lease with National Tenant and Guarantor, with three 5-year options Realized annual increases in Base Rent 6.75% CAP Rate Located in Regional Medical Park in the largest North Knoxville retail and residential growth market New Emory Road and I-75 interchange expansion currently underway Traffic Count: 106,536 per day at the I-75 and E Emory Road interchange Retail Nearby: North Knoxville Regional Medical Center, Chick-fil-A, Kroger, Ingles grocery store, Texas Roadhouse, McDonald’s, Starbucks, CVS Demographics: 3-Mile Population: 13,966 Avg Household Income: $98,158

FOR SALE DETAILS

PRICE

$7,200,000 USD

PRICE/SF

$542 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Medical Office Building Investment

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.75 AC

LAND SF

76,230 SF

ZONING

-

APN/PARCEL ID

047-03323

ASK ABOUT THIS PROPERTY

Oliver SmithOliver Smith Realty & Development CompanyMore Info
865-584-2000

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Oliver SmithOliver Smith Realty & Development CompanyMore Info
865-584-2000

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