1501 Kirby Rd, Knoxville, TN 37909

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Building Details:

1501 Kirby Rd is located in Knoxville, TN.

The property is ground leased from United Way of Greater Knoxville, Inc. (Ground Lessor). All improvements located on the site are classified as tenant-owned. The purchaser of this offering (Ground Lessee) will have the right to use the entire site as well as the right to lease, transfer, renovate or reconstruct the tenant-owned improvements during the term of the ground lease, which extends through August 24, 2063. The current ground rent is $5,400 per year through June 1, 2026 at which time the rent will be adjusted based on CPI.