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34127973
34127975

575 Oak Ridge Turnpike, Oak Ridge, TN 37830 For Sale

HA
TN TN 00320097
NAI Koella | RM Moore
Listed by NAI Koella | RM Moore
$6,990,000
2 days on market
Updated 2 days ago

Victory Centre

Details
Property Type Office
Sub Type Traditional Office
Square Footage 37,978
Occupancy 100%
Tenancy Multi
Class A
Year Built 2003
Investment Type Stabilized

575 Oak Ridge Turnpike, Oak Ridge, TN 37830

Marketing description

Victory Centre is a fully leased, multi-tenant office building located at 575 Oak Ridge Turnpike in the center of Oak Ridge, Tennessee. With 100% occupancy, the property offers immediate, steady cash flow from a mix of professional and service-oriented tenants, helping reduce vacancy risk and keep things running smoothly.

The building sits along Oak Ridge's main commercial corridor, giving it great visibility and easy access to surrounding retail, restaurants, and everyday services. It's also close to major employers in the area, including Oak Ridge National Laboratory and other Department of Energy-related facilities, which helps support ongoing demand for office space.

For an investor, this is a straightforward, income-producing asset with tenants already in place and no heavy lift required. Victory Centre offers a solid, stable return in a well-established and reliable market.

Investment highlights

  • 100% leased, multi-tenant office building with immediate in-place cash flow
  • Diversified tenant mix of professional and service-oriented users
  • Stable occupancy history with reduced rollover risk
  • Located on Oak Ridge Turnpike, the city's main commercial corridor
  • Strong visibility and easy access to major thoroughfares and surrounding areas
  • Close proximity to major employers, including Oak Ridge National Laboratory and other Department of Energy facilities
  • Surrounded by retail, dining, and service amenities that support tenant retention
  • Established office/medical corridor with consistent demand drivers
  • Minimal near-term capital needs for a new owner
  • Straightforward, income-producing investment in a stable and growing submarket

Listing Contacts

HA
TN TN 00320097
NAI Koella | RM Moore
Listed by NAI Koella | RM Moore

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Additional Information

Name
Heidi Adams
License
TN 00320097
Brokerage
NAI Koella | RM Moore
Brokerage Phone
3214393175
Title
Senior Investment Advisor
Brokerage Address
255 North Peters Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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