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9111 Cross Park Dr - Building E 481 - 4,209 SF Office Condo Units Offered at $120,250 - $631,350 Per Unit in Knoxville, TN 37923
INVESTMENT HIGHLIGHTS
- Ample Parking
- Convenient to restaurants, hotels, banking, and the post office
- Great Visibility
EXECUTIVE SUMMARY
Building E is located within the five-building complex known as Cross Park Plaza, home to AMS, and a variety of law firms and professional services. Convenient access off the Cedar Bluff exit in West Knoxville means you can be in Papermill or Farragut in 10 minutes. There is ample parking throughout the entire development, as well as covered spots and car-charging stations. Covered patios with picnic tables, a courtyard greenspace between the buildings, and walking trails throughout the complex provide plenty of spots for employees to take breaks. Within Cedar Bluff, this building is convenient to restaurants, hotels, banking, and the post office.
PROPERTY FACTS
| Total Building Size | 51,016 SF | Typical Floor Size | 25,508 SF |
| Property Type | Office | Year Built | 1978 |
| Building Class | B | Lot Size | 10.03 AC |
| Floors | 2 | Parking Ratio | 4/1,000 SF |
| Zoning | OP - Office Park | ||
| Total Building Size | 51,016 SF |
| Property Type | Office |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 25,508 SF |
| Year Built | 1978 |
| Lot Size | 10.03 AC |
| Parking Ratio | 4/1,000 SF |
| Zoning | OP - Office Park |
AMENITIES
- Bus Line
- Courtyard
- Car Charging Station
- Wi-Fi
- Air Conditioning
2 UNITS AVAILABLE
Unit E-150
| Unit Size | 481 SF | Condo Use | Office |
| Price | $120,250 | Sale Type | Investment or Owner User |
| Price Per SF | $250.00 |
| Unit Size | 481 SF |
| Price | $120,250 |
| Price Per SF | $250.00 |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
DESCRIPTION
Rare opportunity to own your own office space in West Knoxville without the hassle of ownership (all maintenance and utilities handled by condominium association).Suite E-150 in Cross Park Plaza is the perfect size for the solopreneur with either a private office or conference room and an open reception/admin area, or continue the current use as lab space. New flooring and paint throughout the space makes this a move-in ready opportunity. Great access into the building through the side entrance. Condo fee expenses are currently $342.26 per month with nightly janitorial and $296.48 per month without janitorial. Expenses are all-inclusive except for internet and property taxes. See breakdown attached to files. Per Master Deed, rentable square footage is 575 SF and useable square footage is 481 SF. Association documents are available on request.
Cross Park Plaza is in a great West Knoxville location with ample parking (including covered and car-charging), convenient access to restaurants, hotels, banking, post office, and Interstate I-40. The development offers a park-like setting with plenty of outdoor break areas and nightly security patrols.
Cross Park Plaza is in a great West Knoxville location with ample parking (including covered and car-charging), convenient access to restaurants, hotels, banking, post office, and Interstate I-40. The development offers a park-like setting with plenty of outdoor break areas and nightly security patrols.
SALE NOTES
Rare opportunity to own your own office space in West Knoxville without the hassle of ownership (all maintenance and utilities handled by condominium association).Suite E-150 in Cross Park Plaza is the perfect size for the solopreneur with either a private office or conference room and an open reception/admin area, or continue the current use as lab space. New flooring and paint throughout the space makes this a move-in ready opportunity. Great access into the building through the side entrance. Condo fee expenses are currently $342.26 per month with nightly janitorial and $296.48 per month without janitorial. Expenses are all-inclusive except for internet and property taxes. See breakdown attached to files. Per Master Deed, rentable square footage is 575 SF and useable square footage is 481 SF. Association documents are available on request.
Unit E-275
| Unit Size | 4,209 SF | Sale Type | Investment or Owner User |
| Price | $631,350 | Cap Rate | 5.60% |
| Price Per SF | $150.00 | NOI | $35,355.60 |
| Condo Use | Office |
| Unit Size | 4,209 SF |
| Price | $631,350 |
| Price Per SF | $150.00 |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.60% |
| NOI | $35,355.60 |
DESCRIPTION
Whether you're an established business owner or an aspiring entrepreneur, this office condo unit is the ideal investment opportunity. Save on rent and build equity without the hassle of facility maintenance, which is all handled by the condo association. Suite E-275 has lobby visibility on the 2nd floor. The building is a walk-up with 2nd floor access through the courtyard. Suite E-275 is currently leased through July 31, 2026, providing a buyer with the opportunity to receive short-term income and eventually owner-occupy or re-lease the space. Common area lobbies and restroom in the buildings have been renovated. Suite E-275 features a breakroom, two private offices, conference room, and open space. Please note: Sales price is based on useable square footage. Condo fees are based on rentable square footage of 4,786.
Building E is located within the five-building complex known as Cross Park Plaza, home to AMS, and a variety of law firms and professional services. Convenient access off the Cedar Bluff exit in West Knoxville means you can be in Papermill or Farragut in 10 minutes. There is ample parking throughout the entire development, as well as covered spots and car-charging stations. Covered patios with picnic tables, a courtyard greenspace between the buildings, and walking trails throughout the complex provide plenty of spots for employees to take breaks. Within Cedar Bluff, this building is convenient to restaurants, hotels, banking, and the post office.
SALE NOTES
Whether you're an established business owner or an aspiring entrepreneur, this office condo unit is the ideal investment opportunity. Save on rent and build equity without the hassle of facility maintenance, which is all handled by the condo association. Suite E-275 has lobby visibility on the 2nd floor. The building is a walk-up with 2nd floor access through the courtyard. Suite E-275 is currently leased through July 31, 2026, providing a buyer with the opportunity to receive short-term income and eventually owner-occupy or re-lease the space. Common area lobbies and restroom in the buildings have been renovated. Suite E-275 features a breakroom, two private offices, conference room, and open space. Please note: Sales price is based on useable square footage. Condo fees are based on rentable square footage of 4,786.
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9111 Cross Park Dr - Building E
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