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Parkside Office Plaza at Turkey Creek

Location: Knoxville, Tennessee
Property Type: Office/Medical Office Buildings


Investment Highlights

  • Premier Location
  • 100% Occupancy
  • Quality Tenants
  • Class A Construction
  • Excellent Accessability
  • High Household Income
  • Thriving Demographics
  • Estimated Closing September 2008
  • Low Minimum TIC Investment


Property Overview

Parkside Office Plaza at Turkey Creek are new Class A medical and office buildings situated in Turkey Creek, the largest single commercial development ever built in the metropolitan area of Knoxville. Parkside Office Plaza are the premier buildings in all of Knoxville and as such have attracted the leading medical and Fortune 500 tenants to this address. Situated on approximately 17 acres, Parkside Office Plaza consists of approximately 153,000 total square feet of which approximately 100,000 square feet is leased to Fortune 500 tenants while approximately 53,000 is leased to medical tenants whose practices are tied to the University of Tennessee Medical Center.

The property is conveniently located and visible from Interstate 40/75. I40/75 at this juncture has an average daily traffic count in excess of 127,000 cars per day. Interstate 40 is the longest interstate in Tennessee and links most of the major cities throughout the state while I75 traverses from Georgia through Kentucky.

Parkside Office Plaza at Turkey Creek was completed in two phases: The medical office was finished and fully occupied in 2006 while the office portion was just recently completed with final occupancy taking place in 2008. The major office tenants in SunCoke Energy a division of Sunoco Oil, Morgan Keegan Securities, Regions Bank, and Yellowbook. The medical office portion inlcudes GIA Endoscopy, University of Tennessee Orthopedic Surgeons, SEO Rehab, Gastrointestinal Associates, Hematology-Oncology Associates, Laboratory Corporation of America, University of Tennessee Radiology, Vein Clinics of America, National Neuro, LLC and the University of Tennessee Faculty of Internal Medicine.

 

 

 
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