154 Judge Gresham RD Active Save Request In-Person Tour Request Virtual Tour
Johnson City,TN 37615
$ 2195000
- Bed
0 Bath
13800 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Rent
Square Footage 13,800 sqft
MLS Listing ID 9971438
HOA Y/N No
Total Fin. Sqft 13800
Originating Board Tennessee/Virginia Regional MLS
Year Built 2018
Lot Size 1.760 Acres
Acres 1.76
Lot Dimensions See Acreage
Property 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 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!
Location
State TN
County Washington
Area 1.76
Zoning I-1
Direction 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.
Interior
Heating Heat Pump,Other
Cooling Heat Pump
Equipment Delivery Doors,Fire Alarm,Fire Sprinkler System,Free Standing,Garage Bay(s),Inside Storage,Loading Dock(s),Overhead Doors,Refrigerator,Security Fence,Security System,See Remarks
Heat Source Heat Pump,Other
Exterior
Roof Type Metal
Road Frontage City Street
Building
Sewer Septic Tank
Water Public
Structure Type Aluminum Siding
New Construction No
Others
Senior Community No
Tax ID 012 026.05
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional