
8K Medical Office Building
15 YR NNN MEDICAL CONDO
Sevierville, TN
PRICE All Offers Considered
GLA 8,048 SF
PROPERTY TYPE Medical Office Condo
LEASE TERM/TYPE 15 Years / NNN
YEAR BUILT 1987/2022
Sevierville, TN
PRICE All Offers Considered
GLA 8,048 SF
PROPERTY TYPE Medical Office Condo
LEASE TERM/TYPE 15 Years / NNN
YEAR BUILT 1987/2022
DEMOGRAPHICS
Population 16,743
Per Capita Inc $22,615
Median HH Inc $43,233
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INVESTMENT HIGHLIGHTS
- Medical Office Condo leased to East Tennessee’s largest primary care organization, with more than 375 providers at 82 locations across 15 counties
- New 15 year NNN lease with 3% annual rent increases
- Corporate Guarantee
- The tenant’s space is currently undergoing a $250K renovation
- Directly across from a major national Hospital (2021 Top Rural Hospital)
- Next to several Medical Centers and Buildings
- The building was originally planned as a Medical Office Condo development and the suites are individually deeded
- A major tourist destination (9 million annual visitors) serving as the gateway to the Great Smokey Mountains National Park
- Entire 13,500 SF building may be purchased. Other tenant is a national medical tenant (lease exp. 2025). Contact Broker for more information
Price: | All Offers Considered |
City: | Sevier County |
State: | TN |
Square Feet: | 8,048 SF |
Price: | All Offers Considered |
Cap Rate: | - |