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34480560
34480588

1101 East Lamar Alexander Parkway, Maryville, TN 37804 For Sale

RF
TN TN 348047
Lawler-Wood Group LLC
Listed by Lawler-Wood Group LLC
$5,300,000
1 day on market
Updated 1 day ago

Maryville Tennessee: Blount Medical Complex for Sale

Details
Property Type Office
Sub Type Medical Office
Square Footage 25,073
Net Rentable (SqFt) 22,570
Tenancy Multi
Lease Type Modified
Class B
Year Built 1981
Buildings 2
Acreage 5.500
Zoning CC: Central Community District
Parking Spaces 187 spaces
Parking per 1,000 SqFt 7.46
Investment Type Value Add
Sale Condition For sale by owner

About This Property for Sale

Investment highlights

Blount Medical Complex for Sale

Blount Medical Complex offers a rare and exciting investment opportunity on E. Lamar Alexander Parkway in extremely close proximity to Prisma Health Blount Memorial Hospital, right at Maryville's medical center of gravity.

This unique property offers investors two almost fully-tenanted buildings (one will have approximately 1,500sf vacant as of July 1) with 191 parking spaces and the potential to maximize value both by improving leases and by expanding improvements on the site.

Building 1, (1101 E. Lamar Alexander) built in 1981, is on one level, totals ~11,456sf, with ~10,430 of those rentable.

Building 2, (1135 E. Lamar Alexander) built in 1983, has offices on two levels, totals ~13,517sf, with ~12,140sf of rentable space.

This property also offers great potential for further development. There is an approximately .48 acre pad of surplus ground adjacent to Building 2 that could be used for development of an approximately 12,000sf 2-story building with sufficient additional parking.

Property tours are available after operating hours by arrangement with agent. Confidential information is available to qualified potential buyers with a signed NDA.

Listing Contacts

RF
TN TN 348047
Lawler-Wood Group LLC
Listed by Lawler-Wood Group LLC

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Additional Information

Name
Robert Finley
License
TN 348047
Brokerage
Lawler Wood LLC
Title
Commercial Agent
Brokerage Address
Suite 1600
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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