REDUCED! Shops on the Motor Mile

Shopping Center for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30423055
Property Subtypes: Fashion/Specialty, Outlet Center, Strip Center, Other
Building Size (RSF): 41,140 SF
Gross Building Area: See Agent
Gross Land Area: 8.95 Acres
Sale Price: $3,577,500
Unit Price: $86.96 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/21/2020

Overview / Comments

Approx. 41,140 SF 3-story building on an 8.95-acre lot is available for sale in a prime location adjacent to Johnson City Ford's new location on the 'Motor Mile'. The property features a large pylon sign on Bristol Highway, with a large lot that allows plenty of room for expansion or showcasing your products/inventory. The building includes an elevator that serves all 3 floors, sprinkler system, (10) 12x14' drive-in doors, (1) 16x14' drive-in door, (1) 8x10' roll-up door and (1) 8x10' drive in door with loading dock and leveler.

From I-26: Take exit 19, then travel north on Hwy 381. Take the left lane toward Bristol, then merge onto Bristol Hwy. Subject will be on the left in 0.3 miles.

Additional Details

Nearest MSA: Johnson City
County: Washington
Tax ID/APN: 030 007.01, 030 011.00
Zoning: B4
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Visibility: Good
Largest Nearby Street: Bristol Hwy
Traffic/Vehicle Count: 28,383
Highway Access: I-26
Airports: Tri Cities Regional Airport
Total Number of Buildings: 1
Number of Stories: 3
Property Condition: Good
Year Built: 2004
Construction/Siding: Metal Siding
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,075 26,121 73,159
Median Age: 47.5 43.87 40.5
Households: 1,071 11,618 32,037


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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