Freestanding 5900 SF W. Morristown near Merchants Greene

Retail-Commercial for Lease
Catylist Listing ID: 30582080
Property Subtypes: Day Care Facility, Free-Standing Building, Mixed Use, Restaurant, Street Retail, Other
Contiguous Space: 5,976 SF
Building Size (RSF): 5,976 SF
Gross Land Area: 0.81 Acres
Lease Rate: $12.50 PSF (Annual)
Base Monthly Rent: $6,225
Lease Types: Gross Lease
Ceiling: 9 ft.
Building Name: Therapeutic Services Of Morristown Inc.
Usable Size (USF): 5,976 SF
Last Updated: 5/6/2020

Overview / Comments

Freestanding mixed use building previously used as a physical therapy clinic. Would work great as a medical office building, daycare center, business center, telecommunication manufacturing center, call center, technological production center. It has a nice build-out with a mix of private offices and open work areas. It has a large open lobby with seating and a secured reception area. Has high visibility on Hwy 11E; conveniently situated between West Morristown and East Jefferson City, near the Moore-Murrell Airport.

Expand All Available Space

Suite: 1 5,976 SF $12.50 PSF (Annual) Gross Lease
Level/Floor: 1
Space Available: 5,976 SF
Lease Rate: $12.50 PSF (Annual)
$6,225 (Monthly)
Lease Type: Gross Lease
Space Description: The interior is well equipped with high grade finishes, included but not limited to: large open lobby and seating area, secure and highly efficient reception/administration area in flow with lobby, mixture of private offices with 2 large open areas, solid core doors, solid surface vinyl composition flooring, handicapped baths, separate well equipped kitchen and breakroom areas, a laundry room, 2x4 acoustic ceiling tile pattern, 9+ ft ceilings, highly visible pylon sign at road.
Date Available: 3/12/2020
Lease Term: 36 Months
Space Type: Relet
Conference Rooms: 1
Offices 4
Kitchen Yes
Parking Spaces 24
Tax Expenses $10,140 PSF (Annual)
Rent Escalators Description N/A
Rent Concession N/A

Additional Details

Nearest MSA: Morristown
County: Hamblen
Taxing Authority: City of Morrison, Hamblen County
Tax ID/APN: 032048 01824
Zoning: IB INTERMEDIATE BUSINESS DISTRICT
Property Located Between: Merchants Greene Blvd and SR160 on Hwy11E
Property Visibility: Excellent
Largest Nearby Street: On Hwy 11E
Feet of Frontage: 102
Highway Access: Hwy 11E, SR 160, Interstate 81
Airports: Moore-Murrell Airport
Site Description: Property is paved around the building with ample parking in front and back. It does has minimal green space at the back of the property. The building has high visibility along the Hwy 11E corridor and convenient to both the Morristown and Jefferson City markets. The property also provides excellent signage visibility.
Area Description: The area boasts of a mix of high demand consumer businesses and residential housing. Sitting between State Road 160 (Air Park Blvd) and Merchant Greene Blvd, and only about 1/2 mile to the Moore-Murrell Airport. it presents itself as a prime consumer service area with a high volume traffic count.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 5,976 SF
Property Condition: Excellent
Year Built: 2006
Roof Type: Flat
Construction/Siding: Stucco
Total Parking Spaces: 24
Parking Ratio: 4 (per 1000 SF)
Parking Type: Surface
Parking Description: Asphalt parking with approximately 14 spaces in the back and 10 spaces in front.
Sprinklers: Wet
Heat Type: Electricity, Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Interior Description: The interior is well equipped with high grade finishes, included but not limited to: large open lobby and seating area, secure and highly efficient reception/administration area in flow with lobby, mixture of private offices with 2 large open areas, solid core doors, solid surface vinyl composition flooring, handicapped baths, separate well equipped kitchen and breakroom areas, a laundry room, 2x4 acoustic ceiling tile pattern, 9+ ft ceilings, highly visible pylon sign at road.
Zoning Description: Commercial - IB Intermediate Business District
Lot Frontage: 102
Lot Depth: 384
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Parcel# 048 018.24

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,020 14,113 32,777
Median Age: 40.55 40.21 40.05
Households: 1,942 5,462 12,722

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