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423-968-7653
Commercial ()

154 Judge Gresham Rd
Johnson City, TN 37615

Price: $2,195,000  List Date: 2024-02-19  DOM:  64
City Tax: $6,813 County Tax: $8,468
Year Built: 2018 

Finished Area: 13,800 ft²

Unfinished: 0 ft² (not in garage)  

Total Area: 13 ft² (Finished & Unfinished)

Lot Size: 1.76 acre(s)Lot Dimensions: See Acreage
Heating: Heat Pump, OtherCooling: Heat PumpWater & Sewage: Public

Description

Welcome to a remarkable investment opportunity presented by The Addington Agency! Nestled at 154 Judge Gresham Rd and constructed in 2018, this state of the art flex space spans over 13,000 square feet and is currently home to a long standing local enterprise, boasting a NNN lease with 14 years remaining, underscored by an annual rent escalation of 3%. Strategically positioned in the heart of a rapidly growing market, this property is located within a quick drive to anywhere in the TriCities offering easy accessibility to I-26 and Bobby Hicks Hwy promoting excellent visibility! Boasting over 8,000+ sqft of meticulously designed office space with 9 designated offices, a welcoming reception area, spacious lobby, 5 lavatories, versatile conference/training room, and multiple storage rooms; this place has it all. The property also boasts over 4,500+ square feet of warehouse space, complete with three 14' automated garage doors, a 10' automated door with a loading dock, and a 12' automated door at the rear for secured parking, and complemented by a sprawling 1,000+ square feet covered carport, also ideal for private parking, storage, or potential conversion into additional conditioned space. Custom built with quality in mind, this steel-framed building offers an array of features including 23' eve height, 28' peak, 6'' concrete pad in warehouse, 3-Phase power, automated LED lighting, fully sprinklered, and a security system paired with surveillance and key card entry system for staff. Furthermore, the property offers a fenced in parking area, catering to diverse operational needs. TCAC has been the local cornerstone of this industry since 1969, and provides a stable track record of success with consistent growth over the years, ensuring comfort with your investment. Zoned I-1, and situated on 1.75 acres adjoining Food City and various high-density housing developments, this versatile structure not only represents a lucrative investment opportunity but also offers

Community Information

Geographical
County: Washington
Subdivision:
Zoning: I-1
School System
Elementary
Middle
High

Interior

Exterior

Roof: Metal Exterior Finish: Aluminum Siding 

Photos

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Listing by The Addington Agency Bristol
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