48,000 SF Industrial Space for Lease

Industrial for Sale
Catylist Listing ID: 30784861
Property Subtypes: Manufacturing, Warehouse/Distribution
Building Size (RSF): 48,000 SF
Gross Building Area: See Agent
Sale Price: $1,550,000
Unit Price: $32.29 PSF
Docks/Doors: 4 Docks
Office SF: 3,300 SF
Drive In Bays: 2 Bays
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/23/2022

Overview / Comments

Located 1 mile off of 11W/Lee Hwy, this property is equidistant (15 mi) from Rogersville and Kingsport , giving it access to the Tri-Cities, I26 (12 mi), and I81 (24 mi) thoroughfares. Great 48,000 SF industrial building located in established industrial park halfway between Rogersville and Kingsport. Building has industrial level infrastructure and utility service. High ceilings and great truck access through the two bay doors and four docks make receiving and distribution a breeze. 3,300 SF of office space allow for onsite management and administration.

Additional Details

Nearest MSA: Kingsport-Bristol
County: Hawkins
Tax ID/APN: 037066 08002
Property Located Between: Phipps Bend Rd and Industrial Dr
Highway Access: Located 1 mile off of 11W/Lee Hwy, this property is equidistant (15 mi) from Rogersville and Kingsport , giving it access to the Tri-Cities, I26 (12 mi), and I81 (24 mi) thoroughfares.
Airports: TRI
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 48,000 SF
Property Condition: Average
Year Built: 1988
Parking Type: Surface
Lot Frontage: 489'

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,255 4,240 12,504
Median Age: 42.62 41.81 42.36
Households: 910 1,734 5,089

Contact

Photograph of Listing Agent

Jim Holleman

Avison Young KAAR CIE Member
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