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Debby Gibson Real Estate Co.

contactus@debbygibson.com +1(423) 833-7492

$ 2,195,000

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154 Judge Gresham RD Johnson City, TN 37615

13,800 SqFt

UPDATED:

09/20/2024 06:31 PM

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

Listed by Garrett Addington • The Addington Agency Bristol

Debby Gibson Real Estate Co.

+1(423) 833-7492

Debby Gibson Real Estate Co.

154 Judge Gresham RD Johnson City, TN 37615

Key Details

Location

Interior

Exterior

Building

Others

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154 Judge Gresham RD