Oak Ridge, TN Office Property For Sale

Two parcels consisting of a total of .68 AC with an office (with garage) and separate free standing garage and large yard area behind the building

162 Talmeda Rd. Parcel includes around .09 AC with 2,028 SF office and 572 SF attached garage with roll up door

107 E. Tyrone Rd. includes around .59 AC and 960 SF free standing garage

Street parking available and plenty of room in rear lot for additional parking

3,000 SF with 0.5 AC directly on Oak Ridge Turnpike

23,500 + cars per day

Suited for office, medical office or retail

Located next to Methodist Medical Center, a regional medical center

Zoned O-2

Property is available for Sale, Build to Suit or Lease

Motivated Seller! Office space available in excellent central location. Furnishings will not convey. Prefer buyer with low traffic needs. Formerly used as a dental office with three operatory spaces, lobby, reception area, office, breakroom, half bath, x-ray area, and courtyard which are efficiently arranged and useable space for a variety of office purposes. Potential to double space with adjacent office. Restroom has adjacent space available for enlarging for ADA compliance if necessary. Fairly new 50-year roof, newer HVAC, and parking in front and in additional lot on the side. HOA covers mowing, water, trash and other exterior amenities for $560/quarter. Compressor available. Contact agent on 865-414-7346 for access or more information.

2 level brick office building in Heritage Center on 2.29 acres.

Leased to RSI until 10/31/2023

Great value-add opportunity

Brand new HVAC units + roof coating

Appraised at $3,475,000 in Oct 2022

Credit tenants with $10 billion+ revenue

Vacancy being marketed at $12/SF MG

10-mile average HH income exceeding $80k

Desirable community area of City of Oak Ridge

Investment opportunity

100% of occupants in medical field

Currently 1 vacancy at $16/SF NNN

Garden area & breezeway, lots of parking

Access points on Laboratory Rd & E Division Rd

SVN | Wood Properties is pleased to present the exclusive listing for this true triple-net, zero landlord expense, property located at 601 Oak Ridge Turnpike in Oak Ridge, Tennessee. It is conveniently located directly off the Oak Ridge Turnpike (30,000+ cars per day) at a signalized corner and sits approximately 2.5-miles north of Highway 62, which leads to I-40. The site consists of approximately 42,303 rentable square feet of building space on a 3.90-acre level parcel of land. The two-story building includes state-of-the-art laboratory equipment along with multiple private offices, conference rooms, kitchens, restrooms, and warehouse space, and also benefits from ample parking.

The tenant, Nucsafe, was originally subject to a 7-year true triple-net (NNN) lease with zero landlord expenses, which expires on June 30, 2027, but has been leasing the property for over 15 years. The annual rent is $507,636 and is scheduled to increase by two and a half percent (2.5%) every year throughout the base term and two and a half percent (2.5%) during the one (1), two (2)-year renewal option. The lease is fully guaranteed by OSI Systems, Inc. (OSIS), Nucsafe's parent company, which is a global company that develops and markets security and inspection systems such as airport security X-ray machines and metal detectors, medical monitoring and anesthesia systems, and optoelectronic devices.

The old adage is never more true.  Then the commercial space that you're going to see today.  That adage is "divide and conquer".  Dividing a building or a parcel of land into smaller parts yields a better return.  That's exactly what you have at this wonderful commercial building in Oak Ridge.  You have lots of rental spaces with common areas for restrooms etc.  Think of this as an option for a collaborative office with private rentable areas.  From an income potential perspective, this building has a great upside.  From a building cost perspective, this building is a great value.  With the rise in construction cost, you could be in this building and operating before you could even dig a foundation.  The structure of this building is very sound.  Over the years there have been upgrades to the heat and air system and roofing.  All is in working order as of now.  The most that this building need is a loving landlord ready to modernize some of the units to attract higher-end leases.  The location is ideal for folks in Oak Ridge.  It is very close to the hospital and the main road.  It is a great small office location for attorneys, marketing, home health, accounting, Real estate offices, and more.  It is easy for clients to find and centrally located for folks in the Oak Ridge area.  Please contact your favorite realtor or the listing agent for more details or for a showing.  The owners are ready to offer this property to an investor or a business owner.  Please set up a tour to see the details of this building.

Great value-add opportunity

Over 20,000 Vehicles Per Day

$80,000+ Average HH Income

Sale includes half acre outparcel

***Fully-Leased as of 1/19/2023***

4 freestanding brick office buildings

Well-maintained and beautifully landscaped

Roofs in excellent condition, remodeled interiors

Free access to adjacent 1 acre public parking lot

Great tenant mix securities broker, attorneys, CPA

Owner may consider seller financing for right buyer

Great location and visibility. Adjacent to a full service general dentist that is fully operational. This building which was formerly a pediatric dentist office holds great potential for continued use as the same or any other type medical/office space. Owner is willing to sell all dental and office equipment as well for a turnkey business that is already set up and ready to go. Building shares a lobby with the next door dentist and would be ideal for any type of supporting business with a ready made clientele. Buyer's to verify square feet. Seller is open to a lease as well.