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    200 Prosperity Pl Knoxville, TN 37923

    For Lease
    $21 SF/Yr

    Premium Office Suites, Coworking, Virtual Offices

    Lot size:
    19,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This Class A office building, located at 200 Prosperity Place in Knoxville, TN 37923, offers a diverse range of workspace solutions. The 19,000 square foot building, renovated in 2019, features 350 suites, with options ranging from 100 square feet to a maximum contiguous space of 5,000 square feet. Multiple tenancy is available, catering to businesses of all sizes. The property boasts modern amenities including elevators and provides a variety of workspace configurations. Choose from private, fully furnished executive offices, customizable to your specific needs, or opt for a collaborative coworking environment in a shared open-plan area. Meeting rooms are also available for short-term or long-term use, equipped with Wi-Fi and presentation capabilities. For businesses seeking a professional image without the overhead of a full-time office, virtual office options are available, including mail handling and virtual assistant services. Flexible working plans offer access to a global network of workspaces, providing ultimate convenience and scalability. This Knox County property is ideally situated to serve businesses seeking a prime location in Knoxville. The building offers a blend of traditional and modern office spaces, perfect for creative, professional, and traditional businesses.

    Property Features for 200 Prosperity Pl

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,000 SF
    Class
    A
    Total Rate
    33440

    Building Details

    Year Renovated
    2019

    Unit(s) available at that property

    Space
    Private office for 5WS
    Size
    250 SF
    Rate per SF
    $21

    HighLights

    • Class A, 19,000 SF office building at 200 Prosperity Place, Knoxville, TN 37923, renovated in 2019.
    • Offers 350 suites ranging from 100 SF to 5,000 SF contiguous; multiple tenancy options available.
    • Features modern amenities including elevators, private furnished executive offices, coworking space, and meeting rooms with Wi‑Fi and presentation capabilities.
    • Provides virtual office options with mail handling and virtual assistant services; flexible working plans with access to a global network of workspaces.
    • Ideally located near I‑40/75, less than 5 miles west of downtown Knoxville, in a thriving commercial area with ample parking; part of Knoxville's primary retail corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -84.076812
    Latitude
    35.9221416

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    FAQs

    What type of property is this?
    Office space - Premium Office Suites, Coworking, Virtual Offices
    Where is this office space located?
    The property is located at 200 Prosperity Pl Knoxville, TN.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: Class A, 19,000 SF office building at 200 Prosperity Place, Knoxville, TN 37923, renovated in 2019.; Offers 350 suites ranging from 100 SF to 5,000 SF contiguous; multiple tenancy options available.; Features modern amenities including elevators, private furnished executive offices, coworking space, and meeting rooms with Wi-Fi and presentation capabilities.
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    200 Prosperity Pl Knoxville, TN 37923
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    Knoxville, TN 37923
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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

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    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
    200 Prosperity Pl Knoxville, TN 37923
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