2500 Executive Park Drive NW Cleveland, TN 37312
Office
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30651620 |
| Property Subtypes: |
Office Building
|
| Status: |
Pending/Contingent |
| Building Size (RSF): |
4,324 SF
|
| Gross Land Area: |
0.30 Acres
|
| Sale Price: |
$399,000 |
| Unit Price: |
$92.28 PSF |
| Property Use Type: |
Investment, Vacant/Owner-User, Business |
| Building Name: |
2500 Executive Park Drive |
| Class of Space: |
Class B |
| Usable Size (USF): |
4,324 SF |
| Sale Terms: |
Cash to Seller, Owner Financing |
| Cap Rate: |
8.5% |
| Last Updated: |
3/25/2021 |
Overview / Comments
|
LOCATION LOCATION LOCATION! Right off I-75 in Cleveland. This beautiful office building is available. OWNER FINANCING AVAILABLE! This building has 5 suites all with separate meters. Use what you need and rent the rest. Investors! This is a potential cashflow machine. Currently only 1 suite is rented however, we are in the process of leasing. Pro Forma rates are based on previous rate the owner has obtained renting the units in the past.
|
Additional Details
| Nearest MSA: |
Cleveland |
| County: |
Bradley |
| Tax ID/APN: |
041C E 001.09 000 |
| Zoning: |
C |
| Property Visibility: |
Good |
| Highway Access: |
Georgetown RD NW to Hwy 75 |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
2,100 SF |
| Year Built: |
1986 |
| Year Renovated: |
2001 |
| Roof Type: |
Arched |
| Construction/Siding: |
Brick |
| Exterior Description: |
Brick exterior |
| Parking Type: |
Surface |
| Parking Description: |
19 spaces located along the front and sides of the building. |
| Total Parking Spaces: |
19 |
| Sprinklers: |
Wet |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Internet Access: |
Cable |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Land Ownership: |
Owner |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,024 |
37,385 |
60,591 |
| Median Age: |
47.25 |
37.71 |
37.21 |
| Households: |
853 |
14,772 |
23,419 |
|
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