Apple Tree I Plaza, Retail Strip Center, Market St.

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30284057
Property Subtypes: Day Care Facility, Mixed Use, Restaurant
Status: Pending/Contingent
Building Size (RSF): 12,000 SF
Gross Building Area: See Agent
Sale Price: $750,000
Unit Price: $62.50 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Building Name: AppleTree 1
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/11/2018

Overview / Comments

Appletree Plaza on W Market street boasts an excellent retail/commercial location on a one of Johnson City's main commercial corridors, only 1350 ft from intersection of W Market and State of Franklin, one of Tri-Cities busiest intersections with 32,000 cars per day. Road frontage on Market is 175 feet along Market, and 160 ft on Meredith St.

Building is 40x150 and has a top floor at ground level facing Market, and a lower level facing, for a total of 12000 ft of leasable retail space.

Additional Details

Nearest MSA: Johnson City
County: Washington
Taxing Authority: Johnson City
Tax ID/APN: 054A H 001.00
Zoning: B4
Retail Clientele: General, Family, Business, Other
Property Visibility: Excellent
Largest Nearby Street: W Market St
Feet of Frontage: 335
Traffic/Vehicle Count: 32,000
Area Description: Johnson City, MSA for Tri-Cities and surrounding townships, East Tennessee
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 6,000 SF
Property Condition: Good
Year Built: 1987
Exterior Description: Stucco,
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,369 48,466 80,066
Median Age: 33.29 37.55 39.1
Households: 2,399 20,947 34,416

Contact

Photograph of Listing Agent

Stephen J Goodson, ChFC

Remax Checkmate, Commercial Division NETAR CMLS Member
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