$17,100,000

Overview The property included in this sale are all office facilities used and leased by the Satet of Tennessee. Lease Terms are 5-10 years. Locations include: Clinton, Cookeville, Morristown, Knoxville, Tullahoma, Nashville, Shelbyville, Athens, Columbia, Lenoir City and Kingston. Total gross income for all thirteen propersties $2,206,462 with annual expenses equaling $425,185, giving this project a noi OF $1,781,277.

Note: All builings are 100% occupied with leases in place.

Details:
Sale Price:	$17,100,000
Office Type :	Office Building, Governmental
Property Use Type:	Investment
Property Status:	Existing
Building Size (RSF)	260,500 SF
Zoning:	Commercial Use
Asking Sale Price:	$17,400,000
Sale Terms:	Cash to Seller
Cap Rate:	10.2%
Property Use:	Single Use
Tenancy:	Single Tenant
Percent Occupied:	100%
Incentives:	None...State Leased