West Market Retail Investment Property
Retail-Commercial
for Sale
Also listed as Office
| Catylist Listing ID: |
30644656 |
| Property Subtypes: |
Free-Standing Building, Street Retail, Other
|
| Building Size (RSF): |
5,000 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.67 Acres
|
| Sale Price: |
$785,715 |
| Unit Price: |
$157.14 PSF |
| Property Use Type: |
Vacant/Owner-User |
| Building Name: |
Vapor42 |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
7.0% |
| Last Updated: |
4/6/2021 |
Overview / Comments
|
ATTENTION INVESTORS - 10 YEAR LEASE IN PLACE - 7% CAP! Modern 5,000 sq ft commercial building on .6 acres fronting West Market Street in Johnson City. Currently leased to tenant Vapor 42, building has large open retail area at front with storage area in back. This corner property has plenty of parking with access from both West Market Street and N. Center Street. Located along busy commuter traffic route between N. State of Franklin Road toward Walmart and Jonesborough. Contact agent for further information including financials.
|
Additional Details
| Nearest MSA: |
Johnson City |
| County: |
Washington |
| Tax ID/APN: |
053D D 009.00 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,154 |
41,376 |
77,474 |
| Median Age: |
39.38 |
38.36 |
38.98 |
| Households: |
1,896 |
17,772 |
33,226 |
|
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Neither Northeast Tennessee Association of REALTORS® nor
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