Catylist Listing ID: 30283543
Property Subtypes: Governmental, Net Leased, Office Building
Building Size (RSF): 16,657 SF
Gross Building Area: See Agent
Sale Price: $1,299,000
Unit Price: $77.99 PSF
Property Use Type: Net Leased Investment (NNN)
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/8/2018

Overview / Comments

Net leased office building is available for sale on East Walnut Street, just off East State of Franklin Road. The office includes reception/waiting area, 2 conference rooms, break room, training room, file/storage room, supply room, 2 restrooms, 3 hard-wall offices, interview room, mechanical room, janitor’s closet, printer/copy room and 55 cubicles. The property is positioned on a 2.09-acre lot with 120 parking spaces, approx. half a mile from I-26, exit 23.

From I-26: Take exit 23, then travel west on E Market St. Take the first left onto Colonial Way, then turn right onto E State of Franklin Rd. Take the first left onto S Roan St. Turn left onto E Walnut Street. Subject is at the end of E Walnut St. on the left.

Additional Details

Nearest MSA: Johnson City
County: Washington
Tax ID/APN: 046M H 001.00
Zoning: B-2
Property Visibility: Good
Highway Access: I-26
Airports: Tri Cities Regional Airport
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1985
Construction/Siding: Brick
Parking Type: Surface
Total Parking Spaces: 120

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,290 48,725 73,534
Median Age: 34.97 37.53 38.38
Households: 3,800 21,044 31,735
The information presented herein is provided as is, without warranty of any kind. Neither Northeast Tennessee Association of REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.