301 Laboratory Rd 83,000 SF Office Building Oak Ridge, TN 37830 $14,000,000 ($168.67/SF) 8.48% Cap Rate

301 Laboratory Road presents the opportunity to acquire a mission-critical Oak Ridge, Tennessee office asset leased to the U.S. Department of Energy. The leases are with the Oak Ridge Office of Environmental Management, a federal tenant deeply embedded in the region’s national security, cleanup, and environmental management mission and the Office of Science connected to the Oak Ridge National Laboratory. Previously occupied continuously by Leidos Engineering as a build to suit in 1991 by Cowperwood, the property benefits from its strategic location within Oak Ridge’s federal and scientific employment base, with proximity to DOE facilities, ORNL, Y-12, and the broader Knoxville-Oak Ridge innovation corridor. The Knoxville office market sits at 97% occupancy according to CoStar and demand from Oak Ridge expansion is forcing firms to deepen their office searches across the market. The offering combines durable government-backed tenancy, specialized federal demand drivers, and a hard-to-replicate Oak Ridge location serving one of the country’s most important DOE markets.