REDUCED! Auto Dealership Property

Retail-Commercial for Sale
Also listed as Office, Industrial
Catylist Listing ID: 30360027
Property Subtypes: Convenience Store, Free-Standing Building, Service Station/Gas Station, Vehicle Related, Other
Building Size (RSF): 34,924 SF
Gross Building Area: See Agent
Gross Land Area: 6.80 Acres
Sale Price: $3,250,000
Unit Price: $93.06 PSF
Ceiling: 18 ft.
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/30/2020

Overview / Comments

Auto dealership property is available for sale or lease on Princeton Road in North Johnson City. This 34,924 SF building sits on an expansive 6.8-acre paved lot, and is highly visible from I-26 at exit 20 (traffic count: 55,946). The site is proximal to The Mall at Johnson City and the surrounding retail district on North Roan Street (traffic count: 32,253). The first floor of the building features a spacious showroom, 11 private offices, a customer lounge, a wash/detail area, parts department, a large service department and 5 restrooms. On the second level there is a conference room, mechanical room, 4 storage rooms and a private office.

From I-26: Take exit 20, then travel south on N State of Franklin Rd. Turn left onto Broyles Drive, then left again immediately onto Princeton Road. Subject will be on the left in 0.3 miles.

Additional Details

Nearest MSA: Johnson City
County: Washington
Tax ID/APN: 038G A 004.01
Zoning: B-4
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Visibility: Excellent
Largest Nearby Street: I-26
Traffic/Vehicle Count: 55,946
Highway Access: I-26
Airports: Tri Cities Regional Airport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Average
Year Built: 1985
Construction/Siding: Metal Siding
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,841 43,392 82,857
Median Age: 49.16 40.97 39.1
Households: 1,864 19,471 35,385


Photograph of Listing Agent

John Speropulos, CCIM, SIOR

Mitch Cox Realtor, Inc. NETAR CMLS Member
Photograph of Listing Agent

Marc Murphy, CCIM

Mitch Cox Realtor, Inc. NETAR CMLS Member
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