University Center

Shopping Center for Sale
University Center
Catylist Listing ID: 30761441
Property Subtypes: Community Center
Building Size (RSF): 45,600 SF
Gross Land Area: 5 Acres
Sale Price: $2,500,000
Unit Price: $54.82 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/15/2022

Overview / Comments

FOR SALE—45,600SF Shopping Center setting on 5.0 Acres. Excellent location in
West Kingsport, TN. Built in 1984 the building features Brick exterior, 200 parking
Spaces, New roof on most of building, loading docks, Marque Pole Sign in Front,
Plus more. Adjacent Out parcels feature Arby’s, WalGreens, Liquor Store,
Advance Store.

Additional Details

Nearest MSA: Kingsport-Bristol
County: Sullivan
Tax ID/APN: 037022 03605
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1984
Construction/Siding: Brick
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,016 16,762 42,761
Median Age: 35.05 43.18 42.19
Households: 1,297 7,163 18,582


Photograph of Listing Agent

John Moody

Blue Ridge Propertie
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