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| Bedrooms: | 0 | Full Bathrooms: | 0 | Half Bathrooms: | 0 |
| Type: | Commercial Lease | Sub Type: | MLS Number: | 9971518 | |
| Living Area: | 8,500 | Lot Acreage: | 1 | Year Built: | 2018 |
| Elementary School: | Middle School: | High School: |
Property Description
Great investment opportunity in sought after Gray, TN (suburb of Johnson City)! Government Agency just signed a new 10-year lease. Class A office space! All brick, single level. Property is being offered at a 6.2 cap rate. Annual increases in the rental rate. Property is only 5 years old! USA Today just ranked Johnson City, TN #1 in places to move to in the South!
Listing Status
Active
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More Listing Info
AC:Central Air true Business Type:OfficeShowroom true Contract Info:Foreclosure No Development Status:See Remarks37 true Electric Service:See Remarks36 true Exterior Finish:Brick4 true General Property Description:Acres 0.97 General Property Description:Annual Lease 146250.0 General Property Description:HOA YN No General Property Description:Lease Yes General Property Description:Lot Size2 +/- .97 General Property Description:Total SqFt Finished 8500.0 General Property Description:Total SqFt Unfinished 0.0 General Property Description:Zoning2 B3 Heating:Central true Info Available:See Remarks28 true Location Tax Legal Info:City Taxes 0.0 Location Tax Legal Info:County Taxes 9256.18 Other Equipment:See Remarks38 true Property Condition:Above Average true Remarks Misc:Directions3 North on Bobby Hicks hwy towards the airport. Property is approximately 2 miles from I-26 on the right hand side. Remarks Misc:Public Remarks2 Great investment opportunity in sought after Gray, TN (suburb of Johnson City)! Government Agency just signed a new 10-year lease. Class A office space! All brick, single level. Property is being offered at a 6.2 cap rate. Annual increases in the rental rate. Property is only 5 years old! USA Today just ranked Johnson City, TN #1 in places to move to in the South! Restrictions:See Remarks34 true Road Access:Highway true Roof:Shingle true Sale Includes:Fee Simple true Sewer:See Remarks25 true Water:Public true Videos: (none) Virtual Tours: (none)
Listing Courtesy:
The Elite Team Agency
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