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2% BROKER PARTICIPATION OFFERED

Auction to be held at:

Knoxville Convention Center Downtown
701 Henley Street
Knoxville, TN 37902

Friday, March 5th, 2010
Beginning at 12:00 Noon
Open House: By Appointment

2918 E. Magnolia Ave.
Knoxville, TN

2918 E. Magnolia Ave., Knoxville, TN

  • Approximately 4,760 Square Feet
  • Brick Building with easy Interstate access and exposure
  • 2 Story Commercial Office Building
  • Executive office suites with reception area, conference room, private entrance and restrooms
  • Handicap accessible with security fencing
  • Built in 1975
  • Jig Insurance pays $4,500.00 a year
  • Young Williams pays $19,936.00 a year
  • Alpha Group pays $3,500.00 a year
  • Mbilized Financial pays $405.00 a month
Utilities Available: Electric / Water / Sewer / Gas - provided by KUB

Zoning: O-1 Office, Medical, and Related Services District

Estimated Real Estate Taxes:
Approximate Annual City Real Estate Taxes - $2,949.05 Approximate Annual County Real Estate Taxes – $2,829.00 Approximate Total Annual Real Estate Taxes - $5,778.05

Taxes to be pro-rated at closing.

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AUCTION DOCUMENTS

Alpha Group Lease

Directions

Executive Summary

Sale Day Contract

Sale Day Procedures

Tax Information

Title Commitment

Utility Information

Young Williams Lease

Zoning Information

Directions: Traveling East on I-40 take the James White Parkway EXIT 388A. Take TN-158W ramp and travel 0.3 miles. Take Summit Hill Drive exit on the RIGHT. Turn sharply LEFT onto Summit Hill Drive going SouthEast. Travel .01 miles and bear LEFT onto Hall of Fame Drive going SouthEast. Travel 0.4 miles and turn RIGHT onto East Magnolia Avenue and travel 2.0 miles to the property on your RIGHT just before the Pilot gas station.


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