3017 E Oakland Ave - Flex FOR SALE


Johnson City, TN 37601
$2,200,000 USD
423-444-5678
3017 E Oakland Ave, Johnson City, TN for Sale
$2,200,000 USD
Flex - FOR SALE
1/14
null | 7.58% Cap Rate

3017 E Oakland Ave
Johnson City, TN 37601


OVERVIEW

Great investment opportunity in prime location of Johnson City! Close to I-26, Bristol Hwy and State of Franklin Rd. Long term leases in place. New membrane roofs on both buildings in 2020/2021. The parking lot was expanded and repaved in 2020. Both buildings were repainted in 2021. Currently, a space is being renovated for new long-term tenant. Johnson City is an excellent market to invest in commercial real estate. There are two parcels being sold and may be able to separate for individual sales.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$107 USD /SF

CAP RATE

7.58%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Flex Space in Prime Location

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

3

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.18

LAND SF

138,521

ZONING

B4 and I1

APN/PARCEL ID

038A-A-012.01

ASK ABOUT THIS PROPERTY

Joe WilsonThe Brokers Realty and Auction, Inc.More Info
423-444-5678

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Joe WilsonThe Brokers Realty and Auction, Inc.More Info
423-444-5678

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