Industrial Warehouse with office space

Industrial for Sale
Sale Pending
Catylist Listing ID: 30766261
Property Subtypes: Industrial-Business Park
Status: Pending
Building Size (RSF): 8,070 SF
Gross Building Area: See Agent
Gross Land Area: 0.46 SF
Sale Price: $549,000
Unit Price: $68.03 PSF
Property Use Type: Investment
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 6/29/2022

Overview / Comments

Office/warehouse. Separate different areas of office and warehouse type rooms. Conveniently located. Current tenant has lease agreement until 2022 with two 4 year lease options. Generating $50,000 annually with escalation in lease.

Additional Details

Nearest MSA: Morristown
County: Hamblen
Tax ID/APN: 032034J A 01300
Zoning: L
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 8,070 SF
Property Condition: Average
Year Built: 1951
Year Renovated: 1972
Roof Type: Flat
Construction/Siding: Concrete
Parking Type: Surface
Heat Type: Electricity
Lot Frontage: 138 ft road frontage
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,393 29,428 45,909
Median Age: 38.19 36.69 38.71
Households: 3,008 11,488 18,030


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