Medical office condominium NNN leased to Blount Memorial Hospital. Tenant pays taxes, insurance, condo fee, utilities, maintenance, etc. Tenant has recently exercised the first of two, three-year options to renew. The first option year begins on August 1, 2024 at $57,856.71/Year The second option period will begin on August 1, 2027 at $63,221.59/Year, a 9%+ increase. If the tenant exercises the second option, the 6-year cap rate is 7.34%. There are two floors: approximately 2,200 SF on the first floor and approximately 900 SF on the second floor. The first floor has a large waiting area with a visitor's waiting room, reception desk, employee restroom, an office with a private restroom, kitchen area, 8 exam rooms and a nurses/filing area. Interior pictures were made prior to current tenant taking possession of the premises. SHOWINGS BY APPOINTMENT ONLY. PLEASE DO NOT DISTURB THE TENANT! PLEASE CALL THE LISTING AGENT TO ARRANGE AN APPOINTMENT AFTER HOURS. Convenient to all points in the Maryville/Alcoa area. Well planned and maintained condominium development with ample parking and attractive landscaping. From Hwy 129 (Alcoa Hwy), turn east onto Lamar Alexander Highway, left onto N. Houston St, left onto Lord Ave to Morganton Square on the right.