Expansive Flex Space in Johnson City, TN

Retail-Commercial for Sale
Also listed as Office, Special Purpose
Catylist Listing ID: 30794317
Property Subtypes: Free-Standing Building, Mixed Use, Other
Building Size (RSF): 136,891 SF
Gross Land Area: 11.90 Acres
Sale Price: $10,000,000
Unit Price: $73.05 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/27/2022

Overview / Comments

Jerry Petzoldt, CEO and Principal Broker of TCI Group-Jerry Petzoldt Agency is honored to offer for sale an exceptional flex property located on Highway 75, within 1/2 mile Interstate 26 Exit 13 in Gray, TN.

THE PROPERTY:

Expansive 136,891 sq. ft. corporate office building
Ample 11.9 acres
Remarkable Move In Ready Condition
Open Work Flow Floor Plan
Suburban commercial area with full services
2 diesel generators

THE FEATURES:

1,291 parking spaces
Fiber optic service to the building
Abundant open area for work stations
Several walled offices, conference rooms, breakrooms, 15 restrooms, and a full service cafeteria
Electric: Two separate 3 phase 1,000 KVA/480/277Vservices
Wet sprinkler and automatic fire alarm systems
New LED lighting throughout
Loading dock with levelers
32 roof-top package HVAC units

The property sits at signalized corner of Hwy 75/Bobby Hicks Hwy and Sid Martin Road in Gray, a suburb of Johnson City, TN. Very centrally located within one half mile of I-26 Exit 13, and 5 miles northwest to the I-81 interchange. Johnson City sits 5 miles southeast with all typical city amenities, with downtown area and East Tennessee State University just beyond. An easy 6 miles north to Tri-Cities Airport and Northeast State Community College. In the immediate area are Subway, Taco Bell, Walgreens, Food City grocery store, and Dunkin Donuts among many others restaurants, banks and retailers. See attached property video and brochure for floor plans, site plans and more.

Additional Details

Nearest MSA: Johnson City
County: Washington
Tax ID/APN: 090 012 06500 000 2020
Retail Clientele: Business
Property Located Between: I-26 and Hwy 36/Kingsport Hwy
Property Visibility: Excellent
Highway Access: Within one half mile of I-26, Exit 13
Airports: Tri-Cities Airport - TRI
Number of Stories: 2
Property Condition: Excellent
Year Renovated: 2001
Total Parking Spaces: 1,291
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,701 15,736 45,411
Median Age: 39.51 39.64 42.46
Households: 738 6,631 18,955

Contact

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