Leitner Building - Fully Leased Office Investment
Office
for Sale
| Catylist Listing ID: |
30816823 |
| Property Subtypes: |
Office Building
|
| Building Size (RSF): |
50,000 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
2.62 Acres
|
| Sale Price: |
$5,565,000 |
| Unit Price: |
$111.30 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment |
| Building Name: |
The Leitner Building |
| Class of Space: |
Class A |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
7.37% |
| Last Updated: |
6/6/2023 |
Overview / Comments
CBRE and Mitch Cox Realtor are pleased to present The Leitner Building, an approx. 50,000 SF, single-tenant office property in Bristol, TN. The property is within a Designated Opportunity Zone for Sullivan County. Originally built in 1964, the Leitner building was renovated in 2018-2019. This property is 100% leased and the corporate home to the publicly traded Alpha Metallurgical Resources, Inc., a leading U.S. supplier of metallurgical products for the steel industry with operations spanning multiple states.
Contact agent for Offering Memorandum.
|
Additional Details
| Nearest MSA: |
Kingsport-Bristol |
| County: |
Sullivan |
| Tax ID/APN: |
082021AB00400 |
| Zoning: |
B3 |
| Property Visibility: |
Excellent |
| Highway Access: |
I-81 |
| Airports: |
Tri Cities Regional Airport |
| Total Number of Buildings: |
1 |
| Number of Stories: |
5 |
| Year Built: |
1964 |
| Year Renovated: |
2019 |
| Parking Type: |
Surface |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
12,830 |
39,111 |
53,938 |
| Median Age: |
38.53 |
41.06 |
42.12 |
| Households: |
5,518 |
16,978 |
23,197 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Knoxville Area Association of REALTORS® nor
Moody's assume any liability for errors or omissions.
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