9111 Cross Park Dr #E-111

9111 Cross Park Dr, Knoxville, TN 37923

Property Information

  • For Sale $287,500
  • Property Type Office
  • Property Size 1,108 SF
  • Cap Rate % 8
  • NOI / YR $23,000.00
  • # of Floors 1
  • Parking Spaces Avail. 4
  • Parking Ratio 4.00 / 1,000 SF
  • Date Updated Oct 19, 2026

Description

Great opportunity for an investor seeking a low-maintenance, entry-level commercial investment. This office condominium is currently leased to Pro Photo, a school photography company, through March 31, 2028, providing stable income with an established tenant who has been in occupancy since April 1, 2025. The tenant is responsible for all condominium association fees as well as increases in property taxes over the 2024 base year. The condominium association handles all maintenance, further reducing investor responsibility and making this an attractive, hands-off investment opportunity. The tenant's lease includes a 3% rent increase effective April 1, 2027, providing built-in income growth during the remaining lease term. At the end of the current lease, the property offers flexibility for the next owner: occupy the space for your own business or renew/release it to a new tenant. The center is fully occupied, providing a strong setting for continued commercial activity. Please note: Photos shown are from prior to the current tenant's occupancy. Condo fee expenses are currently $688.67 per month with nightly janitorial and $593.49 per month without janitorial. Expenses are all-inclusive except for internet and property taxes. See breakdown attached to files. Per Master Deed, rentable square footage is 1,108 SF and useable square footage is 918 SF. Association documents and lease are available on request. Cross Park Plaza is in a great West Knoxville location with ample parking (including covered and car-charging), convenient access to restaurants, hotels, banking, post office, and Interstate I-40. The development offers a park-like setting with plenty of outdoor break areas and nightly security patrols.    

Contacts

Location

Located at 9111 Cross Park Dr, Knoxville, TN 37923, this property is part of the Cedar Bluff neighborhood and Knoxville market.

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