Very attractive and well-located multi-tenant office building in Oak Ridge, Tennessee with upside potential. Several long term tenants. The rubber roof was replaced in 2020. Some of the HVAC units have been replaced in 2019, 2022 and 2023. One RTU needs to be repaired/replaced. Wet Sprinkler System.
From Knoxville, take the Pellissippi Parkway to Oak Ridge, stay on S. Illinois Ave. The property is just past Tulsa Rd on the left-hand side at the corner of S. Illinois Ave and E. Vanderbilt Dr.
Originally constructed as a conference center for Horizon Center Business Park, winding concrete pathways give access to this 1,144 SF office building, which is nestled in a serene landscape of over 2 acres. Dry stacked stone pillars conceal the steel framing and allow for a 7' eave on all 4 sides of the building. One end of the structure is constructed as a telecom room with concrete walls and ceiling. Two separate Bard wall mount AC units serve this area, along with a separate electric meter. Floor-to-ceiling store front glass allows for abundant natural light. Both restrooms were recently renovated. 3 phase electrical is available on site. Garden pathways are illuminated with louvered bollard lighting. The sculptures/art displays in the yard are expected to be relocated. One of the 10 parking spaces has an EV charging station. 277/480V electrical is available on the property.
Willing to do build-to-suit
Could be demised or subdivided
Ground level access on both floors
Prime location next to Big Ed's pizza
Building is also for lease
653 Briarcliff is a fantastic medical office in the growing area of Oak Ridge with great street visibility. The property has all the features needed for a modern healthcare practice. There is a large waiting/reception area as soon as you walk in the main entrance followed by a spacious front office area and a large nurses station. The building has 12 patient rooms, storage closets, private offices, a kitchen, an IT server room, and two bathrooms plus a small lab for medical tests. Access is super convenient off Briarcliff, with a drive-through drop-off area and more than 40 parking spaces. The property has been well kept and the metal roof and newer HVAC units will make this property low maintenance for a new owner. This is a great opportunity for a growing medical practice in the Oak Ridge community.
Newer roof with warranty
Garden area & breezeway
Over 7 parking spots per 1,000 SF
All current occupants in medical field
Owner-user or investment opportunity
Very expensive buildouts already in-place
Access points on Laboratory Rd & E Division Rd
5,126 SF available for occupancy at $16/SF NNN
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