8,000 SqFt
8,000 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Rent
Square Footage 8,000 sqft
Subdivision Not In Subdivision
MLS Listing ID 9991892
HOA Y/N No
Total Fin. Sqft 8000
Year Built 1996
Lot Size 1.350 Acres
Acres 1.35
Lot Dimensions 1.35 Acres
Source Tennessee/Virginia Regional MLS
Property Description
Offering 8,000± square feet of industrial space, this property is secured by a NNN lease with Trane U.S. Inc., a nationally recognized HVAC leader with over 15 years of operating history at this location.
Currently delivering approximately $75,600-$79,360 in annual NOI, this corporate-backed lease runs through August 2028, providing stable income with built-in rental growth and renewal potential.
Zoned MX (Mixed Use), this flexible zoning designation allows for a wide range of industrial, distribution, logistics, and service-based uses-- creating long-term adaptability and value beyond the current tenancy.
Strategically positioned in the Wallace Alley industrial corridor near the Tri-Cities Airport with convenient access to I-81, this centralized location supports efficient regional service routes, distribution operations, and light industrial users alike.
Whether you're an investor seeking predictable cash flow, a 1031 buyer looking to secure credit-backed income, or an operator planning for future occupancy, this asset offers flexibility, functionality, and long-term positioning in one of the region's most accessible industrial pockets. Priced to sell, this property will not last long at $1.35- call today to schedule your appointment! All information contained herein is collected from third party sources and is believed to be accurate but is also subject to buyer or buyers agent verification.
Location
State TN
County Sullivan
Community Not In Subdivision
Area 1.35
Zoning MX
Direction I-81N to exit 63. Right on Airport Parkway. Business Park on left just before airport.
Interior
Heating Heat Pump
Cooling Heat Pump
Equipment See Remarks
Heat Source Heat Pump
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Metal
Road Frontage City Street
Building
Sewer Public Sewer
Water Public
Structure Type Block
New Construction No
Others
Senior Community No
Tax ID 094 009.94
Acceptable Financing Cash, Conventional, See Remarks
Listing Terms Cash, Conventional, See Remarks