Leased Retail and Office
106 Keller Lane Maryville, TN 37801
106 Keller Lane, Maryville, TN, 37801
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For Sale
Contact for pricing
A fully leased NNN property adjacent to a Kroger Marketplace in Maryville, TN.
Property Size9,805 SF
Price / SF$496.79
Days on Market25
Property Features for 106 Keller Lane
General Information
- Standard status
- Active
- Size
- 9,805 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 2017
Listing agency
Marcus & Millichap - San Diego
(858) 373-3100
Listed by
Phil Sambazis · License #01474991
Source
Crexi
Added: Jun 29 Updated: Jul 23 at 12:59AM Checked: Jul 23 at 4:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - San Diego
Investment Insights
Based on property information with market context.
This for-sale commercial property is offered on a triple-net basis and is described as 100% leased. The asset includes retail space and office units within the same building, providing a mix of income-producing commercial use.
The property is located at 106 Keller Lane in Maryville, Tennessee and is noted in the remarks as adjacent to a Kroger Marketplace. The listing also highlights that it is situated in an affluent area.
The available information does not provide further detail on unit mix, frontage, or specific improvements beyond the building’s retail and office configuration and its leased, NNN structure.
The property is located at 106 Keller Lane in Maryville, Tennessee and is noted in the remarks as adjacent to a Kroger Marketplace. The listing also highlights that it is situated in an affluent area.
The available information does not provide further detail on unit mix, frontage, or specific improvements beyond the building’s retail and office configuration and its leased, NNN structure.
Key Highlights
- Year built 2017
- Fully leased 100% under NNN leases
- Located adjacent to Kroger Marketplace in Maryville, TN
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $294.2k | $30.00 |
| − Vacancy | −$58.8k | −$6.00 |
| EGI | $235.3k | $24.00 |
| − OpEx | −$58.8k | −$6.00 |
| NOI | $176.5k | $18.00 |
9,805 SF · lease $30.00/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.52M
$2.21M – $2.94M
NOI $176,490 @ 7.0% cap · market cap 3.62%
Second Best
Retail
$2.16M
$1.89M – $2.52M
NOI $151,493 @ 7.0% cap · market cap 3.11%
Theoretical Best
Office A
$3.95M
$3.45M – $4.61M
NOI $276,322 @ 7.0% cap · market cap 5.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - A fully leased NNN property adjacent to a Kroger Marketplace in Maryville, TN.
Where is this nnn property located?
The property is located at 106 Keller Lane Maryville, TN.
What is the asking price?
The asking price for this property is $4,871,000.
What are key features of this property?
This property features: Year built 2017; Fully leased 100% under NNN leases; Located adjacent to Kroger Marketplace in Maryville, TN
