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Fully Leased Oak Ridge Office

575 Oak Ridge Turnpike Oak Ridge, TN 37830

575 Oak Ridge Turnpike, Oak Ridge, TN, 37830
$6,990,000
For Sale
$6,990,000

Multi-tenant office building with immediate cash flow in Oak Ridge.

Days on Market65

Property Features for 575 Oak Ridge Turnpike

General Information

Standard status
Active
Property subtype
Office

Building Details

Year Built
2003
Listing Agency NAI Koella RM Moore - Knoxville
Listed by Heidi Adams · License #00320097
Source Naiglobal
Added: May 14 Checked: Jul 16 at 9:36 am

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 NAI Koella RM Moore - Knoxville


Investment Insights

Based on property information with market context.

Victory Centre is a fully leased, multi-tenant office building located at 575 Oak Ridge Turnpike in the center of Oak Ridge, Tennessee. The property is 100% occupied and offers immediate, steady cash flow from a mix of professional and service-oriented tenants. It is located on Oak Ridge Turnpike, the city’s main commercial corridor, and offers strong visibility and easy access to major thoroughfares and surrounding areas. The building is close to major employers, including Oak Ridge National Laboratory and other Department of Energy facilities, and is surrounded by retail, dining, and service amenities. It is situated in an established office/medical corridor with consistent demand drivers. The property requires minimal near-term capital needs for a new owner and represents a straightforward, income-producing investment in a stable and growing submarket.

Key Highlights

  • 100% Leased with Immediate Cash Flow: Provides instant return.
  • Diversified Tenant Mix: Reduces vacancy risk.
  • Prime Location on Oak Ridge Turnpike, the city's main commercial corridor, offering strong visibility and easy access.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

XCEL Engineering Inc. Engineering Consultant Longenecker & Associates, Inc. Consultant Oak Ridger Business Service Center Pain Consultants of East ... Physician Dye Charles G ... Physician

Suggested Use

Real Estate Agency Parking Lot & Garage Big Box & Wholesale Store Auto Parts Store Daycare Center (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store (Bike/Boat/Book/etc) Store Bakery

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

FAQs

What type of property is this?
Office building - Multi-tenant office building with immediate cash flow in Oak Ridge.
Where is this office building located?
The property is located at 575 Oak Ridge Turnpike Oak Ridge, TN.
What is the asking price?
The asking price for this property is $6,990,000.
What are key features of this property?
This property features: 100% Leased with Immediate Cash Flow: Provides instant return.; Diversified Tenant Mix: Reduces vacancy risk.; Prime Location on Oak Ridge Turnpike, the city's main commercial corridor, offering strong visibility and easy access.
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