Industrial Drive Flex Space

Industrial for Sale
Also listed as Office
Catylist Listing ID: 30707051
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Warehouse/Distribution, Other
Building Size (RSF): 24,900 SF
Gross Building Area: See Agent
Gross Land Area: 5.73 Acres
Sale Price: $1,750,000
Unit Price: $70.28 PSF
Ceiling: 21 ft.
Docks/Doors: 1 Dock
Office SF: 8,871 SF
Drive In Bays: 2 Bays
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/10/2021

Overview / Comments

Flex building is available for sale on Industrial Drive near the intersection of TN-394 in Bristol, TN. The roof was replaced in 2020 and the building features 8,871 SF office and 16,029 SF warehouse space. The office area includes a lobby, 13 offices, conference room, cubicle office area, 2 large training rooms with moveable dividers, computer room, kitchen and 2 restrooms. The warehouse is comprised of open space, 2 restrooms with shower stalls, 2 drive-in overhead doors, 1 dock with seals and leveler, 21' ceiling in rear warehouse and 14' ceiling in the production area.

From US-421/Carl Moore Pkwy: Turn onto TN-394. In approx. 0.8 mile, turn right onto Industrial Drive. Subject is the first building on the right.

Additional Details

Nearest MSA: Kingsport-Bristol
County: Sullivan
Tax ID/APN: 082 038 05929 000 2019
Zoning: M-2
Highway Access: I-81
Airports: Tri Cities Regional Airport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1998
Construction/Siding: Metal Siding
Parking Type: Surface
Total Parking Spaces: 40
Zoning Description: General Industrial Zone

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,183 27,066 51,072
Median Age: 40.63 41.82 41.99
Households: 1,245 11,384 21,953

Contact

Photograph of Listing Agent

Shannon K. Castillo

Mitch Cox, Realtor, Inc. NETAR CMLS Member
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