Medical office suites for sale in a park-like setting

Exclusively Brokered and Managed by Maddox Property Management & Sales, Inc.

PRODUCTIVE SETTING

Park-like setting, ample parking, distinctive atrium entrance with seasonal live plant scenes, easy to find suites:  A refreshing setting for the practice of medicine for providers and patients.

IDEAL LOCATION

Only a short span of open road separates you from Parkwest™ Medical Center.  Visibility and easy access to I-40/75 and Pellissippi Parkway. 

HEALTHY INVESTMENT

Reduce your practice's occupancy costs. Build net worth with an asset you can keep even if you sell your practice. Spend buildout dollars in a space owned by you and not someone else. 

A productive, refreshing environment for providers and patients

 

A park-like setting, distinctive atrium entrance with seasonal live plant scenes, and easy-to-find suites energize providers and set patients at ease. The property is meticulously and professionally managed for the unit owners, who retain ultimate control over the environment their practices do business in. Modern concrete and steel construction, and building technologies such as energy controls, advanced access control, surveillance and monitoring result in a first-class building.

 

 

Direct access to Parkwest Medical Center, and central location in the Knoxville MSA

 

Only a short span of open road separates you from Parkwest Medical Center - a quick drive of less than three minutes via the 5-lane Sherrill Blvd devoid of traffic signals - and easy interstate access to Fort Sanders West and Tennova Turkey Creek, all three facilities less than 10,000 feet away.  Visibility and easy access to I-40/75 and Pellissippi Parkway makes the building easy to find and get to. The location is central to patients from Knoxville, Oak Ridge, Maryville, Alcoa, Lenoir City, and other communities across the region. 

 
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Lower your real estate expenses, build net worth

 

Possible benefits when owning instead of renting*:

  • Realize a monthly payment that is 24% lower than the monthly rent for equal space. 
  • Build equity in an income producing asset to gain a 8.00% cash return on cost, and a 9.63% cash return on cash invested.
  • Have more direct control over vacancy risk (risk of loss) than with alternative investment opportunities available to you.
  • Offset tax liabilities from other income streams using deductions for mortgage interest, operating expenses, depreciation, and others.
  • Retain the property as a passive income stream upon retirement/sale of practice.
*Figures are based on scenarios below, see disclaimer. Consult your financial and legal professionals.
 
 
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    SALES INQUIRIES:   Maddox Property Management & Sales, Inc.         Contact:      Brandon Clark    (865) 805-5502      Steve Maddox   (865) 522-9910 

 

SALES INQUIRIES:

Maddox Property Management & Sales, Inc. 

 

Contact:

Brandon Clark

(865) 805-5502

 

Steve Maddox

(865) 522-9910 

Name *
Name
Phone *
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THE WESTMED BUILDING

10133 Sherrill Boulevard
Knoxville, TN 37932