Market Pavilion Investment Property

Shopping Center for Sale
Catylist Listing ID: 30753918
Property Subtypes: Community Center, Neighborhood Center, Strip Center
Building Size (RSF): 5,680 SF
Gross Building Area: See Agent
Sale Price: $595,000
Unit Price: $104.75 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/14/2021

Overview / Comments

Income-producing retail center is available for sale on West Market Street between McKinley Church Road and Leisure Lane. The property is adjacent to Walmart Supercenter with highly visible signage on W Market Street. The site is approx. 1.5 miles from Johnson City Medical Center and 4 miles from I-26, exit 19.

From I-26: Take exit 19, then travel south on N State of Franklin Road. Turn right onto W Market Street. Subject will be on the left, just past Walmart Supercenter.

Additional Details

Nearest MSA: Johnson City
County: Washington
Tax ID/APN: 090 053F B 00302 000 2020
Zoning: B-4
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Visibility: Good
Largest Nearby Street: W Market St
Highway Access: I-26
Airports: Tri Cities Regional Airport
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1979
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,748 42,921 78,665
Median Age: 41.12 39.19 39.11
Households: 1,657 18,006 33,543


Photograph of Listing Agent

Shannon K. Castillo

Mitch Cox, Realtor, Inc. NETAR CMLS Member
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