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14542 El Camino Ln 128,816 SF 100% Leased Industrial Building Lenoir City, TN 37771 $13,950,000 ($108.29/SF)
Investment Highlights
- 100% HVAC, plus fans
- Built in 2007
- 15 dock doors
Executive Summary
Altum Commercial Real Estate is pleased to present 14542 El Camino Lane, a premier industrial investment property ideally positioned at the I-40/75 split in West Knoxville/Lenoir City, Tennessee.
Ideal owner-occupant building desiring additional income or future expansion. The owner is currently occupying 72,596 SF and would do a short-term lease. The remaining 53,380 SF is leased until October of 2028.
This modern industrial facility offers 125,976 SF of high-specification warehouse and manufacturing space featuring 32'–36' clear heights, ESFR fire suppression, 100% HVAC, and a full complement of dock and grade-level loading. Built in 2007, the property features 8.7 acres of excess land for future development.
Two acquisition paths: (1) Owner-Occupant — occupy Suite B (72,596 SF) while Suite A (TGS Precision, NNN) generates $427,040/yr through October 2028; or (2) Investor — acquire the fully-leased building with seller (MVP) leasing back Suite B short-term, producing $1,080,404/yr from day one, until lease-up.
Ideal owner-occupant building desiring additional income or future expansion. The owner is currently occupying 72,596 SF and would do a short-term lease. The remaining 53,380 SF is leased until October of 2028.
This modern industrial facility offers 125,976 SF of high-specification warehouse and manufacturing space featuring 32'–36' clear heights, ESFR fire suppression, 100% HVAC, and a full complement of dock and grade-level loading. Built in 2007, the property features 8.7 acres of excess land for future development.
Two acquisition paths: (1) Owner-Occupant — occupy Suite B (72,596 SF) while Suite A (TGS Precision, NNN) generates $427,040/yr through October 2028; or (2) Investor — acquire the fully-leased building with seller (MVP) leasing back Suite B short-term, producing $1,080,404/yr from day one, until lease-up.
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- Offering Memorandum
Property Facts
| Price | $13,950,000 | Rentable Building Area | 128,816 SF |
| Price Per SF | $108.29 | No. Stories | 1 |
| Sale Type | Investment NNN | Year Built | 2007 |
| Property Type | Industrial | Parking Ratio | 0.6/1,000 SF |
| Property Subtype | Distribution | Clear Ceiling Height | 38’2” |
| Building Class | C | No. Dock-High Doors/Loading | 17 |
| Lot Size | 17.31 AC | No. Drive In / Grade-Level Doors | 3 |
| Zoning | M-1 - Light Industrial District | ||
| Price | $13,950,000 |
| Price Per SF | $108.29 |
| Sale Type | Investment NNN |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 17.31 AC |
| Rentable Building Area | 128,816 SF |
| No. Stories | 1 |
| Year Built | 2007 |
| Parking Ratio | 0.6/1,000 SF |
| Clear Ceiling Height | 38’2” |
| No. Dock-High Doors/Loading | 17 |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | M-1 - Light Industrial District |
Utilities
- Lighting - Fluorescent
- Gas
- Water
- Sewer
- Heating
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 004-004.00 | Improvements Assessment | $0 |
| Land Assessment | $65,250 | Total Assessment | $65,250 |
Property Taxes
Parcel Number
004-004.00
Land Assessment
$65,250
Improvements Assessment
$0
Total Assessment
$65,250
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14542 El Camino Ln