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115 Allensville Rd
Sevierville, TN 37876
100% Occ Office with Value-add Potential · Office Property For Sale
Investment Highlights
- Prime office asset situated in the growing and thriving town of Sevierville near the Great Smoky Mountains.
- Largest tenant, DCS, just renewed until March 31, 2029. Parole Board, one of the other tenants, lease is pending new lease extension.
- Situated just off Winfield Dunn Parkway (Highway 66), making commuting from Gatlinburg or Pigeon Forge a breeze.
- Currently 100% occupied by the State of Tennessee, Department of Children's Services, Gentiva Hospice, and Express Employment Professionals.
- Strong upside and value-add potential through a strategic lease-up as multiple leases will expire in the next year.
- Growing five-mile demographic of roughly 30,0000 residents with more flocking to the Volunteer State from other parts of Tennessee and the US.
Property Facts
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Property Subtype
Medical
Building Size
12,000 SF
Building Class
B
Year Built
2001
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
12,000 SF
Building FAR
0.20
Lot Size
1.37 AC
Parcel Number
049G-A-019.00
Zoning
C-4 - c-4
Parking
60 Spaces (5 Spaces per 1,000 SF Leased)
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