4028 Papermill Dr Knoxville, TN 37909
- Office Properties & Spaces
- 36,500 SF
Current Use by Public Records
- Ink+ Iron Collective / Tattoo Shop / Permanent Make-Up Clinic
- PaperMill Center / Business Center
- DancingFlix / Dance School / Salsa Classes
- Marble City Ballroom / Dance School / Ballroom Dance Instructor
- 2nd Chance & Recovery / Transportation Service
Property Details for 4028 Papermill Dr
- Year built
- 1981
- Property size
- 36,500 SF
- Property type
- Office Properties & Spaces
Description
This exceptional investment opportunity presents a fully leased, Class B office building situated in the desirable Bearden submarket. The Papermill Center, located at an address intersecting Hollywood Street, comprises a single, one-story building totaling 36,500 square feet. Constructed in 1981, this property boasts a strong tenancy with multiple occupants, resulting in 0 vacant square footage. The zoning designation is I-MU, and the Assessor's Parcel Number (APN) is 107CF 018. Ample parking is available with 110 spaces provided for tenants and visitors. The building's classification as a Traditional Office and Executive Office space caters to a diverse range of business needs. This property represents a stable and attractive investment prospect due to its complete occupancy and prime location within the Bearden area. The building's single-story design offers convenient access and functionality. The property's strong leasing history and current 100% occupancy rate make it an ideal addition to any commercial real estate portfolio. Interested parties should note the property's size and the lack of currently available space. Further details regarding the property's financial performance and lease agreements are available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Knoxville
- County
- Blount
- State
- Tennessee
- Longitude
- -83.9792
- Latitude
- 35.9538
