420 Laboratory Rd

420 Laboratory Rd is located in Oak Ridge, TN, part of the broader Knoxville/Knox County market, an area supported by strong scientific, research, and industrial activity. Oak Ridge is home to Oak Ridge National Laboratory (ORNL), one of the nation’s leading research centers in energy, materials and nuclear science, and the Y-12 National Security Complex, a major Department of Energy facility with thousands of employees. The region has become a hub for nuclear and advanced energy companies, with more than 150 nuclear-related firms operating in the Oak Ridge–Knoxville area, driving job growth and long-term economic demand for commercial space and housing.Prime Investment & Owner-User Opportunity in a Growing Medical/Office Market A unique opportunity to acquire a well-located medical/office property in the expanding Oak Ridge commercial real estate market. The building offers a total of 11,142 square feet of functional space, with a stable tenant in place and additional vacant area that presents future income or owner-occupancy potential. Property Highlights: • Total Building Size: Approximately 11,420 SF (gross building area). • Strong Existing Cash Flow: A substantial portion of the building is currently occupied by East Tennessee Oral & Maxillofacial Surgery, a well-established medical practice with long-term tenancy. • Vacant Space Available: Approximately 4,000 SF of office space is currently vacant for lease or owner use, offering immediate upside income or the opportunity for the buyer to occupy space for their own operations. • Flexible Use: Ideal for investors seeking a stabilized property with upside potential or owner-users looking to locate their office while benefiting from rental revenue. • Desirable Location: Situated in Oak Ridge — a dynamic market supported by steady demand for quality medical and professional office space. This offering delivers a balanced blend of income stability and growth potential, making it attractive for investors and owner-occupiers alike. Don’t miss your chance to own a versatile asset in one of East Tennessee’s established commercial corridors.