10415 Wallace Alley - Professional Technology Building - VIDEO TOUR
Office
for Sale
Also listed as Retail-Commercial, Special Purpose
| Catylist Listing ID: |
29693375 |
| Property Subtypes: |
Business Park, Executive Suites, Governmental, High-Tech, Institutional, Medical, Mixed Use, Flex Space, Office Building, Research & Development
|
| Building Size (RSF): |
8,000 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
2.55 Acres
|
| Sale Price: |
$689,000 |
| Unit Price: |
$86.13 PSF |
| Property Use Type: |
Vacant/Owner-User |
| Class of Space: |
Class A |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
7.25% |
| Last Updated: |
6/15/2018 |
Overview / Comments
Contemporary Office Technology building in established Northeast Tennessee Business Park (NETBP). This 8,000 sq ft free-standing facility on 2.5 acres has multiple open rooms, private offices and large reception / technology area. See attached for property plat, identified as Lot 2R. CAP rate 7.256. Competitively priced, owner motivated! Ideal for training or educational center, professional office, governmental entity, research and development lab, nonprofit organization, or regional conference facility.
The Northeast Tennessee Business Park is a 150 acre park designated a FOREIGN TRADE ZONE and designed to accommodate professional office, technology, service businesses and light industrial users
Immediate access to Tri-Cities Regional Airport, Northeast State Community College, and I-81 with Kingsport, Johnson City and Bristol within easy commute. Multiple office and industrial facilities within this popular business park are available, view VIDEO TOUR link and attached property brochure for overview of the 5 property portfolio.
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Additional Details
| Nearest MSA: |
Kingsport-Bristol-Bristol |
| County: |
Sullivan |
| Zoning: |
MX - MULTIPLE USE |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,156 |
8,202 |
43,114 |
| Median Age: |
47.95 |
44.65 |
43.75 |
| Households: |
831 |
3,272 |
17,973 |
|
The information presented herein is provided as is, without warranty of any kind.
Neither Northeast Tennessee Association of REALTORS® nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
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