Bearden Area Warehouse and Development Land
Knoxville, Tennessee
Building
Stats
- Property Type Industrial - Warehouse/Distribution, Industrial - Flex Space
- Year built 1988
- Building size (SF) 10,848
- Size (Ac) 1.57
- Parking Ample surface parking
- Price $1,250,000
- Zoning I-G - General Industrial
Overview
Well located flex property in Bearden. Excellent access to I-40/75, Kingston Pike, and Northshore Drive. With fantastic dining, shopping, and recreational opportunities nearby, this is one of Knoxville's most convenient places to work. This property is well suited for a construction company due central regional location, interstate access, and proximity to construction supply and rental stores.
9,600 SF warehouse with two (2) grade level doors and two (2) 10'x8' dock doors, 19' at the eave, floor drain, and a 50' x 30' attached shed. 7,524 sf of 5911 Echo is leased through December 15, 2021. The Annex is a 1,248 SF detached office. 203 Letterman sits on +/- 0.85 acres. A portion of the property is located in the flood plain, and the property has additional land from a railroad easement. The lease with the railroad is $780 per year plus the current CPI index (2020 was $796.32). No value was given for the improvements of 203 Letterman and the owner is tearing down the building to the footers (target completion date by 12/1/21). The new owner should be able to rebuild on the existing footprint, however, the floor elevation will need to be increased by four feet from the highest existing point. See additional information in the marketing package.