1611 W Andrew Johnson Hwy - Medical FOR SALE


Morristown, TN 37814
$854,900 USD
865-444-2400
1611 W Andrew Johnson Hwy, Morristown, TN for Sale
$854,900 USD
Medical - FOR SALE
1/14
null | 9.63% Cap Rate

1611 W Andrew Johnson Hwy
Morristown, TN 37814


HIGHLIGHTS

  • Great Road Frontage
  • Multi-Units available with Gross Leases
  • Tremendous Parking Ratio

OVERVIEW

This property has recently been vacated so minimal tenant finishes are required. Ton's of square footage, great road frontage, and high traffic count (18,977 2024 TDOT) make this an attractive property! Multiple options are available for purchasing and/or leasing this building including: lease to own (Land Contract), owner financing, and others. The owner is marketing this property and the owner purchased this property with intent to re-sell or sub-lease.

FOR SALE DETAILS

PRICE

$854,900 USD

PRICE/SF

$125 USD /SF

CAP RATE

9.63%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Crescent Edge

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

undefined, Bank, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

Intermediate Business

APN/PARCEL ID

041C-B-005.00

ASK ABOUT THIS PROPERTY

Shawn WilmothUnited Real Estate SolutionsMore Info
865-444-2400

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Shawn WilmothUnited Real Estate SolutionsMore Info
865-444-2400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.