Medical/Office Space Near Parkwest Hospital

10133 Sherrill Drive Suite 103, Knoxville, TN

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For Sale

Contact for pricing

3,900 SF open space suitable for medical or office use.

Type:OFFICE

Property size:

3,900 SF

Lot size:

4.13 Acres

Price / SF:

$210/SF

HighLights

Prime location seconds from Parkwest Hospital, I‑140, and I‑40
3,900 square feet of open space ready for buildout
Only available space in the Class‑A West Med Building
Exclusive exterior entrance
Ideal for medical or office use
Well‑maintained and managed building with long‑term occupants

We can help!

Listing Contact

TJ Galloway

Learn more

For Sale

Contact for pricing

3,900 SF open space suitable for medical or office use.

Type:OFFICE

Property size:

3,900 SF

Lot size:

4.13 Acres

Price / SF:

$210/SF

Added:: Aug 3, 2023
Days on Market:: 1047
Last Refresh:: May 19 at 9:41 pm

Property Features for 10133 Sherrill Drive Suite 103

General Information

Standard status: Active
Size: 3,900 SF
Lot size: 4.13 Acres
Property subtype: OFFICE

We can help!

Listing Contact

TJ Galloway

Listing agent TJ Galloway

Listing office Holrob

Listing date Aug 3, 2023

Source Moodyscre

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 Holrob

HighLights

Prime location seconds from Parkwest Hospital, I‑140, and I‑40
3,900 square feet of open space ready for buildout
Only available space in the Class‑A West Med Building
Exclusive exterior entrance
Ideal for medical or office use
Well‑maintained and managed building with long‑term occupants

Overview

This 3,900 square-foot space is suitable for medical or office use. It is located near Parkwest Hospital, I-140, and I-40. The available space is in the West Med Building, a Class-A building that is well-maintained and managed. The space is an open layout, ready for buildout. It is the only available space in the building and the only one with its own exterior entrance. All other occupants are long term.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$81.9k	$21.00
− Vacancy	−$13.1k	−$3.36
EGI	$68.8k	$17.64
− OpEx	−$17.2k	−$4.41
NOI	$51.6k	$13.23

3,900 SF · lease $21.00/SF/yr · vacancy 16.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$737.1K

$645.0K – $860.0K (±1% cap)

NOI $51,597 @ 7.0% cap · market cap 6.29%

Second Best

Healthcare Medical

$708.8K

$620.2K – $827.0K (±1% cap)

NOI $49,617 @ 7.0% cap · market cap 6.05%

Theoretical Best

Office A

$966.0K

$845.2K – $1.13M (±1% cap)

NOI $67,617 @ 7.0% cap · market cap 8.25%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Medical Office Space

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Map

City: Knoxville
County: Knox
State: Tennessee
Longitude: -83.9195
Latitude: 35.9605

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For sale
Medical Office Space
TN
Knoxville
10133 Sherrill Drive Suite 103

What type of property is this?

Medical Office Space - 3,900 SF open space suitable for medical or office use.

Where is this medical office space located?

The property is located at 10133 Sherrill Drive Suite 103 Knoxville, TN.

What is the asking price?

The asking price for this property is $820,000.

What are key features of this property?

This property features: Prime location seconds from Parkwest Hospital, I‑140, and I‑40; 3,900 square feet of open space ready for buildout; Only available space in the Class‑A West Med Building

10133 Sherrill Drive Suite 103, Knoxville, TN

3,900 SF open space suitable for medical or office use.

Property Features for 10133 Sherrill Drive Suite 103

General Information

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Similar Places Nearby

Map

Nearby Similar for Sale

Turnkey Short-Term Rental Duplex

Transmission Repair Auto Shop

Five-Unit Multifamily Investment Opportunity

Two-Story Commercial Redevelopment Building

Fully Leased 4-Plex Income Property

Fully Leased Four-Plex Investment

Charming Historic Fourth & Gill 4-Plex

Duplex with Separate Driveways

Two Multifamily Buildings on One Lot

Three-Unit Residential Income Property

Hardee's NNN Lease Investment

Knoxville Multifamily Investment Opportunity

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