The Press Building - Suite 303

Office for Sale
Sale Pending
Catylist Listing ID: 30237514
Property Subtypes: Executive Suites, Governmental, High-Tech, Institutional, Medical, Research & Development
Status: Pending
Condo? Yes
Building Size (RSF): 2,317 SF
Gross Building Area: See Agent
Sale Price: $278,040
Property Use Type: Vacant/Owner-User
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/16/2018

Overview / Comments

Suite 303 is a 2,317 sq ft professionally finished medical office in The Press Building in downtown Kingsport. This 3rd Floor Suite consists of executive office with private restroom, procedure room, 2 exam rooms, nurse station, business office with reception counter, staff lounge and waiting room with coffee bar. Adjoining unfinished 863 sq ft space also available for possible expansion. A fresh and bright office with attractive views of downtown Kingsport area. Available June 1st, 2018, office tour strictly through listing agent.

Overall Building Features:

•3-Story Building with multiple access points
•On site management
•Predominately tenant-owned office condos
•Spacious welcoming lobby with arrival canopy
•Two elevators, one oversized
•Dedicated HVAC controls for each condo
•Automatic Sprinkler System and Fire Alarm in common areas
•Large paved and well lit parking areas with additional 33,000 sf proposed parking
•Key card security for 24 hour building access
•Press Building Condo Owners Assn - CAM of $2.75/sf
•Zoned B-2E, Central Business Edge District
•Other professionals located in The Press Building include Reeves Eye Institute, Edward Jones, East Tennessee Brain and Spine, and Integrity Capital Management.

The Press Building is Kingsport's premier professional location which has added not only to the aesthetics of Kingsport’s skyline but is the catalyst for further development in the surrounding area including new apartment complex under construction in immediate vicinity. Co-located at this downtown corner is the Kingsport Chamber of Commerce and DB Excel, a high school blended learning concept of the Kingsport City Schools.

Multiple unfinished suites also for sale from 900 sq ft to over 23,000 sq ft, depending on prospective need. See attached portfolio for further building information. Contact agent for further details and space tour. Suite 303 also for lease, see separate listing.

Additional Details

Nearest MSA: Kingsport-Bristol-Bristol
County: Sullivan
Is Condo?: Yes

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,882 37,879 65,236
Median Age: 37.82 43.38 43.7
Households: 3,906 16,946 28,639
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