Lakeway Medical

For Sale

460 Medical Park Drive, Lenoir City, TN 37772

This Lenoir City property for sale is located at 460 Medical Park Drive. The general use of Lakeway Medical is office and it incorporates 26,556 square feet of class A office space. The current listed sale price for Lakeway Medical is $7,340,000. Lakeway Medical is situated on a lot that is 2.55 acre in size.

Contacts

broker
Roger M. Moore Jr.

NAI Koella | RM Moore

Property Details

  • Property Type Office - Medical Office
  • Property Size 26,556 SF
  • Units 10
  • Lot Size 2.55 Acre
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 2007
  • Date Updated Mar 18, 2025
Located adjacent to Ft. Loudon Medical Campus, this property caters to health related uses. Well cared for, strong visibility, ease of ingress/egress, ample parking and proximity to medical properties further highlight this property.This income producing opportunity offers over 26,000 sf of multi-tenanted medical space with strong current and future rents in the heart of the Hwy 321 corridor in Lenoir City, Tennessee. Long term tenants with NNN leases and firm terms, outstanding location in close proximity to Ft. Loudon Medical Center, major retailers, multi and single family housing, limited inventory and Lenoir City growth further highlight this opportunity. Current rents offer over $514,000.00 of annual base rate income offered at a 7% cap rate. Rent roll available upon request. Call to schedule tours, do not disturb tenants.Class A medical space ready for move in (1288 sf/suite 102/former cosmetic surgery suite), sitting adjacent to 2650 sf of retail pharmacy space (Suite 101). Located adjacent to Ft. Loudon Medical Campus. The pharmacy suite offers corner exposure to heavy Walmart traffic and both suites face the Hwy 321 side of the building. These suites may be combined for larger space needs.
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Highlights

  • Well established property with established tenants
  • Strong income on a NNN basis
  • Proximity to Ft. Loudon Medical Center
  • Major retail corridor located just off Lenoir City/I-75 exit

Getting around

  • 47/100

    Walk Score ®

  • 38/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Lenoir City, TN
  • Zip Code 37772
  • Market Knoxville

Points of Interest

  • Murphy USA

    0.09 miles

  • Shell

    0.63 miles

  • Exxon

    0.68 miles

  • BP

    0.90 miles

  • Ingles Gas Express

    1.40 miles

  • Quick Mart

    1.99 miles

  • Casey's General Store

    2.00 miles

  • Love's

    4.60 miles

  • Blink

    8.33 miles

  • Knoxville, TN Supercharger

    8.55 miles

  • Street Parking

    2.24 miles

  • Handicapped Parking

    2.25 miles

  • Free Parking Downtown

    2.25 miles

  • Veterans Affairs Parking Only

    2.25 miles

  • Library Parking Only

    2.26 miles

  • Visitor Parking

    7.87 miles

  • Hampton Inn Lenoir City

    0.29 miles

  • King's Inn

    0.48 miles

  • Fairfield Inn & Suites

    0.67 miles

  • Holiday Inn Express & Suites Lenoir City (Knoxville Area)

    0.69 miles

  • Days Inn Lenoir City

    0.73 miles

  • Comfort Inn

    0.85 miles

  • Knights Inn Knoxville/Lenoir City

    0.91 miles

  • Econo Lodge

    0.96 miles

  • Inn Of Lenoir

    1.20 miles

  • Americas Best Value Inn

    7.22 miles

  • Walmart Supercenter

    0.17 miles

  • Food City

    0.28 miles

  • ALDI

    0.83 miles

  • Big Lots

    1.36 miles

  • Ingles

    1.48 miles

  • Kohl's

    6.83 miles

  • The Fresh Market

    6.99 miles

  • Kroger Marketplace

    7.33 miles

  • Publix

    7.33 miles

  • JCPenney

    7.55 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Roger M. Moore Jr.

NAI Koella | RM Moore

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