Single-Story Office Business
1101 Corridor Park Blvd Knoxville, TN 37932
For Sale
Contact for pricing
Single-story office building on a large West Knoxville site with ample surface parking and 2005 construction.
Property Size50,003 SF
Lot Size5.87 Acres
Price / SF$173.99
Days on Market77
Property Features for 1101 Corridor Park Blvd
General Information
Standard status
Active
Size
50,003 SF
Lot size
5.87 Acres
Property subtype
OFFICE
Listing Agency:
CBRE, Inc.
(865) 256-2719
Listed By:
John M Adams III, CCIM SIOR
(865) 256-2719
Source:
Moodyscre
Added: May 14
Changed: Jul 26
Last Checked: Jul 28 at 4:09PM
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 CBRE, Inc.
Investment Insights
Based on property information with market context.
This substantial single-story office/business park asset offers a large-format layout designed for efficient access and convenient movement throughout the building. Constructed in 2005, the property is configured as a one-story office facility intended to support operational functionality for office and business uses.
The property is located in Knoxville’s Pellissippi/Lovell submarket along a corridor identified as having strong regional connectivity to I-40 and I-75. It sits on a sizable West Knoxville parcel with public records reporting approximately 5.82 to 5.866 acres, and it is supported by ample surface parking based on a reported 6.25 spaces per 1,000 SF.
As a single-story office building, the overall configuration can be well-suited for day-to-day tenant operations that benefit from straightforward building access and flexible interior use within a one-level format.
The property is located in Knoxville’s Pellissippi/Lovell submarket along a corridor identified as having strong regional connectivity to I-40 and I-75. It sits on a sizable West Knoxville parcel with public records reporting approximately 5.82 to 5.866 acres, and it is supported by ample surface parking based on a reported 6.25 spaces per 1,000 SF.
As a single-story office building, the overall configuration can be well-suited for day-to-day tenant operations that benefit from straightforward building access and flexible interior use within a one-level format.
Key Highlights
- Substantial 50,003 SF single‑story office/business park building
- Constructed in 2005
- Large West Knoxville parcel of approximately 5.82 to 5.866 acres
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 | $1.05M | $21.00 |
| − Vacancy | −$168.0k | −$3.36 |
| EGI | $882.1k | $17.64 |
| − OpEx | −$220.5k | −$4.41 |
| NOI | $661.5k | $13.23 |
50,003 SF · lease $21.00/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$9.45M
$8.27M – $11.03M
NOI $661,540 @ 7.0% cap · market cap 7.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$12.38M
$10.84M – $14.45M
NOI $866,932 @ 7.0% cap · market cap 9.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Single-story office building on a large West Knoxville site with ample surface parking and 2005 construction.
Where is this office building located?
The property is located at 1101 Corridor Park Blvd Knoxville, TN.
What is the asking price?
The asking price for this property is $8,700,000.
What are key features of this property?
This property features: Substantial 50,003 SF single‑story office/business park building; Constructed in 2005; Large West Knoxville parcel of approximately 5.82 to 5.866 acres
