Building Details:
• Year Built: 2006
614 Mabry Hood Road is located in Knoxville, TN.
AVAILABLE OCTOBER 31, 2015. Turnkey space for a corporate office user with contemporary, designer finishes. Low maintenance opportunity to own their real estate and build equity. Building and common area maintenance handled by POA.
5,287 RSF office condo in The Offices at Water’s Edge in the Pellissippi submarket of the Knoxville MSA. The building was built in 2006, and finished to suit in 2007-8 by the original occupant/owner. The subject space comprises 4,767 usable square feet and 5,287 rentable square feet, 33.45% of the 15,807sf Building “B”. Suite 101 of Building B is occupied by corporate office uses. Suite 201 is a dentist’s office.
The space was built out in 2008 with a large, showplace conference room, 2 executive offices enjoying lake views, 7 staff offices, break room, as well as a bullpen with room for 10-15 cubicles. The existing buildout will be attractive and functional with little modification for most corporate office uses.
The Offices at Water’s Edge is located 11.5 miles of downtown Knoxville at the interchange of I-40/75 (166,650 VPD) and TN-162/I-140 Pellissippi Parkway (67,708 VPD). The site is accessed from Sherrill Blvd, a 5-lane minor arterial linking the site with easy access to Pellissippi Parkway via the Dutchtown Road exit, as well as access to I-40/75 via Cedar Bluff Road. The development has full access to Mabry Hood Road approximately 100’ east of its intersection with Sherrill Blvd. The development is visible to Sherrill Blvd and Pellissippi Parkway.
Drivers of business growth in the market include the University of Tennessee, proximity and easy access to Tyson-McGhee Airport, Oak Ridge National Laboratory and Y-12 Department of Energy Nuclear Complex. The site is surrounded by quality medical and general suburban office development, with 26 Class A & B office properties totaling 1,160,475sf within a 1 mile radius of the site, including the Parkwest Hospital Campus.
The property is under the jurisdiction of Knox County. The site is zoned CB and is contained in the TO technology overlay. Furthermore, the property is subject to the restriction of the Water’s Edge Master Deed and Bylaws of the Water’s Edge Office Association. Tenant building signage is generally prohibited by the association; however there are several directory and directional signs on site with signage opportunities for Tenants. 2014 POA and building CAM expenses for Suite 301 were $1,201.30 per month ($3.02/sf).
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