Bristol - Financial Center for Lease

Office for Lease
Catylist Listing ID: 7439464
Property Subtypes: Business Park, Executive Suites, Mixed Use, Office Building
Contiguous Space: 7,263 SF
Building Size (RSF): 7,263 SF
Gross Land Area: 1 Acre
Lease Rate: $8.50 PSF (Annual)
Base Monthly Rent: $5,144
Lease Types: NNN
Class of Space: Class B
Last Updated: 9/26/2017

Overview / Comments

This 1 acre site fronts State Highway 11-19E (Volunteer Parkway) in the heart of Bristol , TN and is located just minutes from Bristol Motor Speedway. Traffic counts exceed 25,000 per day and this classic banking and finance center previously hosted a Bank of America branch location as well as a regional accounting firm. The site comes completely equipped with a fully functional retail banking center with a 4 lane drive thru plus ATM on the first floor. The second floor houses executive office suites plus conference room and kitchen.

Expand All Available Space

Suite: 1143 7,263 SF $8.50 PSF (Annual) NNN
Level/Floor: 2
Space Available: 7,263 SF
Lease Rate: $8.50 PSF (Annual)
$5,144 (Monthly)
Lease Type: NNN
Space Description: This classic banking and finance center previously hosted a Bank of America branch location as well as a regional accounting firm. The site comes completely equipped with a fully functional retail banking center with a 4 lane drive thru plus ATM on the first floor. The second floor houses executive office suites plus conference room and kitchen.
Space Subcategory: Institutional, Strip Center
Date Available: 3/1/2011
Lease Term: 60 Months
Space Type: Relet
Conference Rooms: 1
Offices 6
Kitchen Yes
Parking Spaces 40
Tax Expenses $2.42 PSF (Annual)
Operating Expenses $0.25 PSF (Annual)
Rent Escalators Fixed Lease

Additional Details

Nearest MSA: Kingsport-Bristol-Bristol
County: Sullivan
Zoning: COMMERCIAL - IMPROVEMENT TYPE:BANKS
Market Type: Small
Property Located Between: Highway 11/19E (Volunteer Parkway)
Road Type: Paved, Highway
Property Visibility: Excellent
Transportation: Bus, Shuttle, Rail, Highway, Airport, Taxi
Highway Access: Highway 421 (1 mile); Interstate 81
Site Description: This site has excellent visibility and access directly on the Volunteer Parkway in Bristol. Traffic counts exceed 25,000 per day and the site is a standalone building and part of a lifestyles center as a whole. The grounds are well lit and professionally landscaped. There is ample parking and lots of retail and restaurants surrounding the site.
Area Description: Bristol combines the beauty of revered southern traditions with the fresh vigor of a growing community. The local economy enjoys a well-balanced industrial, agricultural and manufacturing base. Bristol's industrial base includes batteries, electronics, pharmaceuticals, mining machinery, aluminum products, compressors, apparel, textiles, copper wire, vacuum cleaner and food products. Bristol is constantly seeking potential new industries for the host of well-equipped industrial sites. The Bristol Area has a labor force of 80,000 and an unemployment rate of only 4.4 percent. Major employers in the area are the school systems, Bristol Regional Medical Center, Bristol Compressors, Sprint United Telephone-Southeast, Exide Corporation, Reynolds Metal Company, The United Company, King Pharmaceuticals, Aerus Electrolux, GlaxoSmithKline Pharmaceuticals, Marley Mouldings and CAMAC. One of the greatest facilitators to Bristol's economic growth through the years has been its accessibility and well-organized transportation connections. Located within a day's drive of more than 70 percent of the U.S. population, the Twin City is served by more than 50 motor freight carriers and two railroads. Outstanding air service is available through the Tri-Cities Regional Airport,TN/VA, which offers jet and air carrier service. The facility offers service to more than 100 cities. Information Sources: http://www.bristoltn.org/aboutthecity.cfm http://www.bristolchamber.org/ http://www.visitbristoltnva.org/
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1980
Year Renovated: 1988
Roof Type: Flat
Construction/Siding: Concrete
Exterior Description: Building is sandstone colored stucco over block. Grounds are professionaly landscaped.
Parking Type: Surface
Parking Description: Front and Rear with crossover parking access to lifestyles center.
Total Parking Spaces: 40
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable, DSL
Interior Description: Carpeted floor coverings in office areas, tile floor coverings at walk-in counter area. Architectural recessed lighting.
Zoning Description: Commercial; Land use type is , Banks.
Lot Frontage: 140
Lot Depth: 295

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,272 35,348 54,093
Median Age: 44.59 40.66 42.21
Households: 2,770 15,246 23,327

Contact

Photograph of Listing Agent

Gregory S Little, MBA

Covenant Commercial Group NETAR CMLS Member
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