SOLD – Industrial Warehouse in Forks of the River Industrial Park – Income Producing

SOLD

Fantastic industrial warehouse space in the Forks of the River Industrial Park. One Building Totaling 202,400 sf Divided Into 3 Spaces (fully leased). 7.25% Cap Rate.

• YEAR BUILT / RENOVATED: 1974 / 2011
• LOT SIZE: Approximately 16.13 Acres
• CONSTRUCTION:
  • Floors: 5” - 6” Concrete
  • Walls: Brick on Concrete Block
  • Column Spacing: 40 x 40
  • Roof: Flat / Membrane
• CLEAR HEIGHTS:
  • Eave: 20’
  • Center: 22’
• CEILING: Mixed: Acoustical Tile in Office, Insulated Metal Panels in Warehouse
• FIRE PROTECTION: Wet System
• LIGHTING: Mixture of Fluorescent, LED with Motion Sensors and Metal Halide
• HEATING: Natural Gas Suspended Space Heaters in Warehouse, HVAC in Office
• AIR CONDITIONING: Roof Mounted Air Conditioning Units
• PARKING: Ample Parking
• FENCING: Front and Rear Dock Area Secured with 7’ Fence
• OFFICE FACILITIES: Approximately 12,800 SF of modern air conditioned office and support areas. 20 private offices conference room, reception, large open office area. Features include recessed strip fluorescent lighting, acoustical ceiling tile and carpet. Additional 9,000 SF of office space located in  the main plant.
• TRUCK LOADING
  • South Side: 12 (8’ x 10’) Loading Docks
  • North Side: 8 (8’ x 10’) Loading Docks
  • 3 (10’ x 10’) Drive-In Doors

PROPERTY DOCUMENTS:

• Aerial Map 1
• Aerial Map 2
• Confidentiality Agreement
• Flyer Red Dog
• Property Report Red Dog Lane
• Survey Tax Map
• Taxes Knox County
• Utility Map Electric
• Utility Map Gas
• Utility Map Sewer
• Utility Map Water
• Zoning Map
• Zoning Ordinance

ZONING

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Subject Property is Zoned I: Industrial Zone UTILITY INFORMATION

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Electricity: Knoxville Utilities Board

• 1,500, 3,000 Amp Transformers
• 480/277 Volt; 3 Phase Power

Water: Knoxville Utilities Board

• Served by 4” Line; 8” Private Fire Line

Sewer: Knoxville Utilities Board

• Served by 8” Line

Gas:  Knoxville Utilities Board

• Served by 4” Line; 30,000 Gallon Propane Tank for Back-Up

PROPERTY FLYER

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Flyer - Forks of the River