Welcome to Realty Trust

State Leased Office Buildings

govt office buildings
TN

Sold for $17,100,000


Status: Sold
Living Area: 260,500 Square Ft.


State Leased Office Buildings



Description:

Overview The property included in this sale are all office facilities used and leased by the State of Tennessee. Lease Terms are 5-10 years. Locations include: Clinton, Cookeville, Morristown, Knoxville, Tullahoma, Nashville, Shelbyville, Athens, Columbia, Lenoir City and Kingston. Total gross income for all thirteen propersties $2,206,462 with annual expenses equaling $425,185, giving this project a NOI of $1,781,277.

Note: All builings are 100% occupied with leases in place.

  • Past Auctions
  • Auction Advantages
  • How Auctions Work
  •