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154 Judge Gresham Road
Johnson City TN 37615 US

$2,195,000

Active Listing ID 9971438
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Lot: 1.76 Acres
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Other

$2,195,000

Active Listing ID 9971438
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154 Judge Gresham Road 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!

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Property Features

  • Facts
  • Lot Size: 1.76 Acres
  • Property Type: Commercial Lease
  • Property Sub-type: Other
  • Features
  • Cooling System: Heat Pumps
  • Roof Type: Metal
  • Heating Fuels: Heat Pump

Property

  • propertytype: Commercial Lease
  • propertysubtype: Other
  • listprice: 2195000
  • unparsedaddress: 154 Judge Gresham Road
  • postalcity: Johnson City
  • stateorprovince: TN
  • country: US
  • postalcode: 37615
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.76
  • lotsizeunits: Acres
  • lotsizearea: 1.76
  • livingarea: 13800
  • livingareaunits: Square Feet
  • latitude: 36.417053
  • longitude: -82.471823
  • listagentfullname: Garrett Addington
  • listagentemail: Garrett@TheAddingtonAgency.com
  • listagentkey: 3yd-TVARMLS-32184
  • listagentmlsid: 32184
  • listagentpreferredphone: 4236461060
  • listagentofficephone: 4238455800
  • listofficekey: 3yd-TVARMLS-1251
  • listofficemlsid: 1251
  • disclaimer: Copyright © 2024 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TVARMLS
  • yearbuilt: 2018
  • listingcontractdate: 2024-09-20
  • countyorparish: Washington
  • parcelnumber: 012 026.05
  • cooling: Heat Pumps
  • constructionmaterials: Aluminum Siding
  • heating: Heat Pump
  • fireplaceyn: False
  • transactiontype: ForRent
  • storiestotal: 0
  • parkingtotal: 35
  • roof: Metal
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.471825, 36.417053
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"The Addington Agency Bristol", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Garrett@TheAddingtonAgency.com", "ListBrokerageCity":"Bristol", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"The Addington Agency Bristol", "ListBrokeragePhone":"(423) 845-5800", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"TN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"121 Bluff City Hwy", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"121 Bluff City Hwy", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"4665", "ListOfficeCity":"Bristol", "ListOfficeCountry":"US", "ListOfficeEmail":"tnhomes4u@gmail.com", "ListOfficePostalCode":"37620", "ListOfficeStateOrProvince":"TN", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Lease - Johnson City, TN", "ListingURL":"https://listings.listhub.net/pages/TVARMLS/9971438/?channel=rexren", "MLSModificationTimestamp":"2024-09-20T10:31:31Z", "Neighborhoods":[{"Description":null, "Name":"307 - Gray/Boones Creek"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":6813.43, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 9:02:02 AM GMT
Source Updated Date: 11/21/2024 7:02:54 AM GMT

Courtesy of: Garrett Addington, The Addington Agency Bristol, Garrett@TheAddingtonAgency.com

Copyright © 2024 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.