WAMS, GP

Office for Lease
Catylist Listing ID: 30168940
Property Subtypes: Executive Suites, Medical, Office Building
Contiguous Space: 5,800 - 18,186 SF
Total Available: 9,000 SF
Building Size (RSF): 14,648 SF
Gross Land Area: 1.88 Acres
Lease Rate: $18 - 18.60 PSF (Annual)
Lease Types: Gross Lease, Modified Gross
Building Name: Bristol Neurological Building
Class of Space: Class B
Usable Size (USF): 14,648 SF
Last Updated: 10/11/2017

Overview / Comments

Situated along W. State Street (Hwy 11 W) within 1 mile of Bristol Regional Medical Center, Interstate 81, and within 2 miles of the new Pinnacle Retail Development is the Bristol Neurological Building. The property is available to the market as an investment opportunity with the possibility of two long term professional Tenants, one of which is the current Owner of the building, thus creating a Sale/Leaseback situation. Built in 1990, this building has been extremely well maintained and is well suited for a number of medical and/or professional disciplines to occupy. With large offices, meeting rooms, procedure rooms, administration, filing, reception and private doctors offices the Bristol Neurological building is flexible and well appointed.
The roof and HVAC units have been replaced on a maintenance schedule and are in excellent functioning condition.

Expand All Available Space

Suite: 2 9,000 SF $18 - 18.60 PSF (Annual) Gross Lease,Modified Gross
Level/Floor: 2
Space Available: 9,000 SF
Minimum Divisible: 5,800 SF
Max Contiguous: 18,186 SF
Lease Rate: $18 - 18.60 PSF (Annual)
Lease Type: Gross Lease,Modified Gross
Space Subcategory: Medical, Research & Development
Date Available: 9/25/2017
Space Type: Relet
Conference Rooms: 1
Offices 8
Kitchen Yes
Parking Spaces 90
Rent Escalators Fixed Lease
Rent Escalators Description N/A
Rent Concession TI will be attributed to the term of the Lease
Lease Buyout Allowance $0

Additional Details

Nearest MSA: Kingsport-Bristol-Bristol
County: Sullivan
Taxing Authority: Sullivan County
Tax ID/APN: 019 174.20
Zoning: B-3
Property Located Between: Hwy 126 and Interstate I-81
Property Visibility: Excellent
Highway Access: Property fronts along Hwy 11 W, and is within a mile of the entrance ramp to I-81 north and less than 2 miles to I-81 south and the Pinnacle retain development at Exit 74, I-81.
Airports: TRI - Tri Cities Regional Airport; Highlands Community Airport
Site Description: Two level property for individual professional entrances on either Tenant. Located along Hwy 11W.
Area Description: Located along Hwy 11 W (W. State Street) and is considered part of the medical corridor of Bristol.
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 7,324 SF
Year Built: 1990
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Building was built with functional design lines and constructed of decorative molded block, with embedded color for long term low maintenance. Landscaping is conducive to the structure and in not invasive or require a high level of maintenance.
Parking Ratio: 0.1 (per 1000 SF)
Parking Type: Surface
Parking Description: Two levels of parking provide 85 total parking spaces (58 upper level, 27 lower level).
Total Parking Spaces: 85
Sprinklers: None
Heat Type: Electricity
Heat Source: Ceiling Units, Heat Pump
Air Conditioning: Package Unit
Internet Access: Cable, T1/T3, Gigabit, Dialup, Other
Interior Description: Well maintained carpeted areas, with high gloss vct flooring in a number of areas of high traffic and procedure rooms. Colors and aesthetics are very pleasing and comforting for patients and provide for a conducive working evironment.
Zoning Description: B-3, provides for the highest level of business use via office space, medical use, as well as retail space within the City of Bristol, Tennessee.
Lot Frontage: 50'
Lot Depth: 560'
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities, Other
Easements Description: Drainage easement, and access easement through southern boundary for limited access.
Legal Description: Upon request.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,563 17,889 51,279
Median Age: 41.22 43.87 41.81
Households: 722 8,032 21,842

Contact

Photograph of Listing Agent

Richard S. Armstrong, III

TCI Group - Lowry & Foster, Inc. NETAR CMLS Member
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