Stabilized Bank-anchored Office Building

Office for Sale
Catylist Listing ID: 29716440
Property Subtypes: Office Building, Other
Building Size (RSF): 70,313 SF
Gross Building Area: See Agent
Gross Land Area: 5.68 Acres
Sale Price: $8,340,000
Unit Price: $118.61 PSF
Property Use Type: Investment
Building Name: Regions Center
Class of Space: Class A
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 12/16/2017

Overview / Comments

Rare Find with Outstanding Returns

Property Highlights:
~On Site Property Manager
~24 Hour Security Guard

From I-26 take Exit 20
Turn Right onto North Roan Street (.2 Miles)
Turn Right onto Sunset Drive (.1 Miles)

Additional Details

Nearest MSA: Johnson City
County: Washington
Zoning: B-4
Road Type: Paved
Property Visibility: Excellent
Highway Access: I-26
Total Number of Buildings: 1
Number of Stories: 5
Year Built: 1977
Year Renovated: 2011
Construction/Siding: Concrete, Other
Exterior Description: Precast concrete construction with stucco and glass exterior.
Zoning Description: B-4: Planned Arterial Business District
Lot Frontage: 471.24

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,630 44,375 86,708
Median Age: 49.11 39.19 39.07
Households: 2,716 19,033 37,144


Photograph of Listing Agent

Brad W Blackwell

Wood Properties, Inc. KAAR CIE Member
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