Net-Lease Office and Mobile Sales
2928 U.S Hwy 411 S Maryville, TN 37801
For Sale
Contact for pricing
Newly remodeled office and R&D robotics space plus a mobile sales office support an established wholesale garden supply business.
Property Size5,433 SF
Lot Size6.47 Acres
Price / SF$441.56
Days on Market92
Property Features for 2928 U.S Hwy 411 S
General Information
Standard status
Active
Size
5,433 SF
Lot size
6.47 Acres
Property subtype
Retail, Office, Industrial, Land, Special Purpose
Listing Agency:
Mike Fuller Realty & Company
(865) 909-7471
Listed By:
Michael Fuller · License #249198
Source:
Crexi
Added: Apr 29
Changed: Jul 25
Last Checked: Jul 28 at 12:16PM
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 Mike Fuller Realty & Company
Investment Insights
Based on property information with market context.
2928 U.S. Hwy 411 S is a multi-use, multi-tenant net lease investment improved with a newly remodeled 5,433 SF professional office and R&D robotics suite. A second leased component includes a newly built 240 SF mobile sales office supporting a long-running bulk wholesale garden supply business that is serviced on site.
The property sits on approximately 6.47 acres just south of the intersection of Hwy 411 and William Blount Drive. It is located less than 2 miles from Walmart and is surrounded by retail and service businesses including Food City, Dollar General, AutoZone, O'Reilly Auto Parts, Walgreens, and nearby restaurants and shops.
All municipal utilities and storm water detention are in place, with three-phase power, sewer, and natural gas recently installed. In addition to the two leased components, approximately 3.2 acres of land are available for immediate development opportunities such as outparcel(s) and/or a ground lease, retail development and/or flex, or light industrial. The property has favorable BT (Business Transportation Zoning).
The property sits on approximately 6.47 acres just south of the intersection of Hwy 411 and William Blount Drive. It is located less than 2 miles from Walmart and is surrounded by retail and service businesses including Food City, Dollar General, AutoZone, O'Reilly Auto Parts, Walgreens, and nearby restaurants and shops.
All municipal utilities and storm water detention are in place, with three-phase power, sewer, and natural gas recently installed. In addition to the two leased components, approximately 3.2 acres of land are available for immediate development opportunities such as outparcel(s) and/or a ground lease, retail development and/or flex, or light industrial. The property has favorable BT (Business Transportation Zoning).
Key Highlights
- Multi‑tenant net lease investment featuring a newly remodeled 5,433 SF professional office and R&D robotics suite
- Long‑running wholesale garden supply business included, supported by a brand new 240 SF mobile sales office
- Approx. 6.47 acres of commercial property just south of the Hwy 411 and William Blount Dr intersection
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 | $163.0k | $30.00 |
| − Vacancy | −$32.6k | −$6.00 |
| EGI | $130.4k | $24.00 |
| − OpEx | −$32.6k | −$6.00 |
| NOI | $97.8k | $18.00 |
5,433 SF · lease $30.00/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.40M
$1.22M – $1.63M
NOI $97,794 @ 7.0% cap · market cap 4.08%
Second Best
Retail
$1.20M
$1.05M – $1.40M
NOI $83,943 @ 7.0% cap · market cap 3.50%
Theoretical Best
Office A
$2.19M
$1.91M – $2.55M
NOI $153,112 @ 7.0% cap · market cap 6.38%
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 units - Newly remodeled office and R&D robotics space plus a mobile sales office support an established wholesale garden supply business.
Where is this office units located?
The property is located at 2928 U.S Hwy 411 S Maryville, TN.
What is the asking price?
The asking price for this property is $2,399,000.
What are key features of this property?
This property features: Multi‑tenant net lease investment featuring a newly remodeled 5,433 SF professional office and R&D robotics suite; Long‑running wholesale garden supply business included, supported by a brand new 240 SF mobile sales office; Approx. 6.47 acres of commercial property just south of the Hwy 411 and William Blount Dr intersection
