AdvancePCS Building
Knoxville, TN
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The AdvancePCS Building is a 60,000 square feet, one-story single-tenant office building located in the Pellissippi Corporate Center, a master planned business park in southwest suburban Knoxville, Tennessee. The building is leased to AdvancePCS, a strong sub-investment grade credit tenant, for use as a call center. The challenge for investors was the underwriting of a substantial period of rent concession. The property was widely marketed to the single-tenant investor community and with considerable direction from |
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