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.
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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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