154 Judge Gresham Road, Johnson City, TENNESSEE

$2,400,000

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13,800

Square feet

1.76

Acres

About 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 $2.4M. Call today to schedule your appointment!

Features of 154 Judge Gresham Road

MLS® # 9962141
Price $2,400,000
Bathrooms 0.00
Square Footage 13,800
Acres 1.76
Year Built 2018
Type Commercial Lease
Status Active

Community Information

Address 154 Judge Gresham Road
Area 307 - Gray/Boones Creek
City Johnson City
County Washington
State TENNESSEE
Zip Code 37615

Amenities

Parking Spaces 35
Is Waterfront No

Interior

Heating Other, Heat Pump
Cooling Heat Pump
Fireplace No

Exterior

Exterior Aluminum Siding
Roof Metal

Additional Information

Date Listed February 19th, 2024
Days on Market 55
Zoning I-1
Foreclosure No
Short Sale No

Listing Details

OfficeThe Addington Agency Bristol

Listing Map

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