Property Type:
Medical Office Condo
Property Size:
8,048 SF
Address:
675 Middle Creek Rd, Sevierville, TN, USA
Lease Type:
Absolute NNN
Cap Rate:
N/A
Details:

– Medical Office Condo leased to East Tennessee’s largest primary care organization, with more than 375 providers at 82 locations across 15 counties

– New 15 year NNN lease with 3% annual rent increases Corporate Guarantee

– The tenant’s space is currently undergoing a $250K renovation

– Directly across from a major national Hospital (2021 Top Rural Hospital)

– Next to several Medical Centers and Buildings

– The building was originally planned as a Medical Office Condo development and the suites are individually deeded

– A major tourist destination (9 million annual visitors) serving as the gateway to the Great Smokey Mountains National Park

– Entire 13,500 SF building may be purchased. Other tenant is a national medical tenant (lease exp. 2025). Contact Broker for more information

Contact: