5555 Clinton Hwy Knoxville, TN 37912-3475
This 2,800 square foot medical office space, located on Clinton Highway in Knox County, is brand new and never occupied. Part of a larger 16,000 square foot Class B building constructed in 1996, this single-suite space is immediately available for lease, with occupancy commencing July 1, 2024, upon completion of construction. The building boasts a high traffic count of 26,000 average daily traffic (ADT) on Clinton Highway, providing excellent visibility and accessibility for patients. A pylon signage opportunity is also available, enhancing marketing potential. The space is "medical ready," meaning it's equipped for immediate medical practice use. The lease offers an affordable rate and includes a 3% annual escalation clause. The property benefits from the presence of strong neighboring businesses, further contributing to a robust patient base. This is a rare opportunity to secure a pristine, fully equipped medical office space in a high-traffic location with excellent visibility and a competitive lease structure.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.