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Bedrooms: 0
Full Bathrooms: 0
Half Bathrooms: 0
Type: Commercial Lease
Sub Type:
MLS Number: 9971438
Lot Acreage: 1.76000
Living Area: 13,800
Year Built:2018
Elementary School:
Middle School:
High School:
Public Remarks: 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 boundless potential to accommodate a myriad of business ventures including manufacturing, processing, fabrication, construction, storage, or multi-tenant conversion, among many others. Opportunities of this caliber in this location rarely come to market, and this opportunity will not last long priced to sell at $2.195M. Call today to schedule your appointment!
Listing Courtesy:The Addington Agency Bristol
AC:Heat Pump3: true
Business Type:Building Trade: true
Business Type:Distribution: true
Business Type:Industrial2: true
Business Type:Manufacturing: true
Contract Info:Foreclosure: No
Development Status:Infrastructure In: true
Electric Service:Phase 3: true
Exterior Finish:Aluminum Siding: true
General Property Description:# Parking Spaces: 35
General Property Description:# Restrooms: 5
General Property Description:Acres: 1.76
General Property Description:Annual Lease: 120000.0
General Property Description:HOA YN: No
General Property Description:Lease: Yes
General Property Description:Lot Size2: See Acreage
General Property Description:Total SqFt Finished: 13800.0
General Property Description:Total SqFt Unfinished: 0.0
General Property Description:Zoning2: I-1
Heating:Heat Pump2: true
Heating:Other12: true
Info Available:Building Plan: true
Info Available:Floor Plan: true
Info Available:Leases2: true
Info Available:Rental Roles: true
Info Available:See Remarks28: true
Location Tax Legal Info:City Taxes: 6813.43
Location Tax Legal Info:County Taxes: 8467.56
Location Tax Legal Info:Deed Book #: R931
Location Tax Legal Info:Deed Page #: I1039
Other Equipment:Delivery Doors: true
Other Equipment:Fire Alarm: true
Other Equipment:Fire Sprinkler System: true
Other Equipment:Free Standing: true
Other Equipment:Garage Bay(s): true
Other Equipment:Inside Storage: true
Other Equipment:Loading Dock(s): true
Other Equipment:Overhead Doors: true
Other Equipment:Refrigerator2: true
Other Equipment:Security Fence: true
Other Equipment:Security System3: true
Other Equipment:See Remarks38: true
Property Condition:Above Average: true
Remarks Misc:Directions3: From Johnson City, head northwest on I-26 W. Take exit 13 to merge onto TN-75 N/Bobby Hicks Hwy. Turn left onto Roy Martin Rd. Turn left onto Gray Station Rd. Turn left onto Judge Gresham Rd.
Remarks Misc:Public Remarks2: 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
Restrictions:Other37: true
Road Access:City Street: true
Roof:Metal3: true
Sale Includes:Lease Hold: true
Sewer:Septic Tank: true
Water:Public: true