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    501 Adesa Blvd Lenoir City, TN 37771

    Sponsored
    For Lease
    $18 SF/Yr

    Class A Medical Office Space Available

    Lot size:
    58,124 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This prime Class A medical office park, located at 501 Adesa Blvd in Lenoir City, Tennessee, 37771, offers exceptional leasing opportunities. The 58,124 square foot building features multiple suites within a convenient location off Highway 321 with easy access to Interstate 75. Currently, there is 17,308 square feet of vacant space available. Leasing options include a fully finished 2,308 square foot showroom/office suite (B-210) boasting an executive corner office with a private bath, reception area, open workspace, additional bathroom, and a large break area. Additionally, a substantial 15,000 square feet of shell space is available, divisible into units as small as 2,300 square feet each. Another option is Suite B-260, a well-appointed 2,310 square foot space combining approximately 1,405 square feet of finished office space with 905 square feet of warehouse/flex space including a roll-up door. The office area includes a lobby, reception desk, three offices, a conference room, a bathroom, and a kitchenette. The property is zoned Commercial and situated in Loudon County. Net operating expenses are $3.28 per square foot. The minimum divisible space is 2,308 square feet, with a maximum contiguous space of 15,000 square feet. The building consists of two total suites.

    Property Features for 501 Adesa Blvd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    58,124 SF
    Class
    A
    Total Rate
    87186

    Unit(s) available at that property

    Space
    501 Adesa Blvd Ste. A
    Size
    2,300 SF
    Rate per SF
    $22
    Space
    501 Adesa Blvd Ste. B-210
    Size
    2,308 SF
    Rate per SF
    $18
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Lenoir City
    County
    Loudon
    State
    Tennessee
    Longitude
    -84.2782446
    Latitude
    35.8238825

    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Medical office - Class A Medical Office Space Available
    Where is this medical office located?
    The property is located at 501 Adesa Blvd Lenoir City, TN.
    What is the lease rate?
    The lease rate is $18-$22 SF/Yr.
    Request Owner's contact information
    501 Adesa Blvd Lenoir City, TN 37771
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    501 Adesa Blvd Lenoir City, TN 37771
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