9208 & 9210 Oak Ridge Hwy

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9208 & 9210 Oak Ridge Hwy

Oak Ridge, TN 37830
Asking Price
$390K
Asset Type
Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial retail property spanning 3,844 square feet of space.
  • The building is currently available for purchase at $390,000.
  • Located conveniently along the main corridor of Oak Ridge Highway.
  • Suitable for diverse storefront retail or professional office business uses.
  • Positioned within the established Oak Ridge retail and business market.

What's Special

Retail operations seeking a strategic presence in Oak Ridge can utilize this 3,844-square-foot property for various commercial applications. The site sits along Oak Ridge Highway, positioning it within a corridor serving the local community and the surrounding regional economy. Oak Ridge remains a notable hub in the Knoxville metropolitan area, historically characterized by its focus on science, technology, and research sectors which provide a consistent base for local commerce. Investors and business owners will find this asset suitable for storefront retail, service-based businesses, or professional office use depending on specific tenant requirements and operational needs. Its accessible location offers visibility for daily commuters navigating the region, while the existing structure provides a foundational footprint for customizing a space to fit specialized business models. This property represents a functional addition to a commercial portfolio in a stable suburban market, offering immediate utility for organizations looking to establish or expand their footprint in this specific East Tennessee submarket.

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NOI
$80,000
Cap Rate
20.51%
DSCR
3.46
Strong
Cash-on-Cash
48.59%
Monthly Payment
$1,929.507
Annual Cash Flow
$56,845.913

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