KNOXVILLE, Tenn. – Maddox Property Management & Sales, Inc has brokered the sale of Town Creek Commons, a 15,011-square-foot Class A medical office building in Lenoir City, Tenn. MedSouth Lenoir City, LLC was the buyer. Steve Maddox and Brandon Clark represented Seller Town Creek Properties, GP in the transaction.
Maddox Companies assisted the Seller in improving the building to full occupancy, and then marketing and soliciting offers for the multi-tenant building. The building was constructed in 2010 and has visibility from Exit 81 of Interstate 75. It is occupied by a mix of national and regional tenants including Smoky Mountain Pediatric Dentistry, Tennova Healthcare Systems, PhysioTherapy, Advanced Endodontics and Tennessee Urology.
For more information on the sale of this Class A, first time to market asset, contact Brandon Clark or Steve Maddox at 865-522-9910