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154 Judge Gresham Road

Johnson City, TN 37615
  • $2,195,000
  • STATUS: Active
  • ON SITE: 152 Days
  • MLS #: 9962141
$2,195,000
  • 0
    BEDS
  • 1.76
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,800
    SQFT
  • $159
    $/SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
2018
County:

School Ratings & Info

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 $2.4M. Call today to schedule your appointment!



© 2024 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2024-07-21T00:00:15.713.
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154 Judge Gresham Road Johnson City, TN 37615

  • Price: $2,195,000
  • Status: Active
  • On Site: 152 Days
  • MLS #: 9962141
0
Beds
0
Baths
0
½ Baths
1.76
Acres
13,800
SQFT
$159
$/SQFT
2018
Built
Neighborhood:
Gray/Boones Creek
County:
Washington
Area:
Gray/Boones Creek
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 $2.4M. Call today to schedule your appointment!
Exterior Features

Construction Materials Aluminum Siding Roof Metal

Interior Features

Building Area Total 13 Cooling Heat Pump General Property Description Total Sq Ft Finish 13800 General Property Description Total Sq Ft Unfini 0 Heating OtherHeat Pump Heating YN Yes

Property Features

Contract Info Auction No Contract Info Foreclosure No Contract Info Short Sale No Cooling YN Yes Documents Available [] Listing Terms CashConventional New Construction YN No Other Equipment Delivery DoorsFire AlarmFire Sprinkler SystemFree StandingGarage Bay(s)Inside StorageLoading Dock(s)Overhead DoorsRefrigeratorSecurity FenceSecurity SystemSee Remarks Property Condition Above Average Sewer Septic Tank Water Source Public Zoning I-1

Listing information © 2024 Tennessee/Virginia Regional MLS.
Listing provided courtesy of Garrett Addington of The Addington Agency Bristol: 423-845-5800.



© 2024 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2024-07-21T00:00:15.713.
 
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504 E Jackson Blvd
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