424 and 428 e Scott Ave | 428 E Scott Ave
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424 and 428 e Scott Ave 428 E Scott Ave
12,800 SF 100% Leased Office Building Knoxville, TN 37917 $3,118,434 CAD ($244 CAD/SF) 7.08% Cap Rate
Executive Summary
Fully Renovated with 7.08% Cap rate! Don't miss your chance to own this extremely unique property in the Happy Holler/Old North district.
424 E Scott Ave is 1,902 square feet of finished duplex space with a large dock height unfinished bay basement. Fully leased, interior images available upon request.
428 E Scott Ave has been fully renovated and brought to life. The building is a 12,000 square foot multi-suite office building, fully leased (other than 2 small office suites).
Sale price includes 424 and 428 E Scott and both the large parking lot accessed by alley and small parking lot on E Scott.
Pro forma available upon request
424 E Scott Ave is 1,902 square feet of finished duplex space with a large dock height unfinished bay basement. Fully leased, interior images available upon request.
428 E Scott Ave has been fully renovated and brought to life. The building is a 12,000 square foot multi-suite office building, fully leased (other than 2 small office suites).
Sale price includes 424 and 428 E Scott and both the large parking lot accessed by alley and small parking lot on E Scott.
Pro forma available upon request
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
12,800 SF
Building Class
B
Year Built/Renovated
1927/1965
Price
$3,118,434 CAD
Price Per SF
$244 CAD
Cap Rate
7.08%
NOI
$220,785 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,400 SF
Building FAR
0.68
Lot Size
0.43 AC
Zoning
Commercial - zoned for commercial use
Parking
30 Spaces (4.69 Spaces per 1,000 SF Leased)
Amenities
- Kitchen
- Storage Space
- Open-Plan
Walk Score ®
Very Walkable (72)
Bike Score ®
Very Bikeable (75)
PROPERTY TAXES
| Parcel Number | 081LQ-01501 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $291,687 CAD |
PROPERTY TAXES
Parcel Number
081LQ-01501
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$291,687 CAD
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424 and 428 e Scott Ave | 428 E Scott Ave
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