Wilcox Court Commercial Property

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30713575
Property Subtypes: Business Park, Flex Space, Net Leased, Office Building, Other
Building Size (RSF): 16,600 SF
Gross Building Area: See Agent
Gross Land Area: 5.30 Acres
Sale Price: $1,650,000
Unit Price: $99.40 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/2/2022

Overview / Comments

REDUCED! Excellent Wilcox Court business park property for sale! Expansive 16,600 sq ft facility on 5.3 acres located toward rear of established business and industrial park just off Wilcox Drive. Building consists of office floor plan in an open space design for cubicle work centers with large conference and training room, management and record keeping offices. The property is currently leased to the State of Tennessee with lease extended through November 2023, at $18,661.17 per month. The site has parking to accommodate tenant occupancy and a private walking trail for exercise breaks. See attached for detailed site survey.

Situated in busy business and industrial park with a mix of established businesses including Fastenal, Eagle Transport, East Tennessee Cheer & Gymnastics, and Tri Cities Pediatric Cardiology. Conveniently located within 2 miles of I-26, Exit 3 and Meadowview area, Eastman Chemical Company corporate campus very nearby and 2 miles to downtown Kingsport. Contact agent for further details including financials or for property tour.

Attachments & Media

Additional Details

Nearest MSA: Kingsport-Bristol
County: Sullivan
Tax ID/APN: 082 061 01208 000 2019

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,750 32,946 72,966
Median Age: 43.45 43.72 43.58
Households: 870 14,900 31,728


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