2809-2847 W Andrew Johnson Hwy | Morristown, TN 37814
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2809-2847 W Andrew Johnson Hwy
Morristown, TN 37814
Fountain Plaza - Medical & Retail Center · Office Property For Sale
Investment Highlights
- Medtail Center – Complimentary mix of Medical & Retail Tenants
- Main Retail Corridor - Surrounded By Well-Known National And Regional Credit Retailers
- Value Add Upside - 90% Leased With Upside Through Future Lease Up Of Vacant Space & Converting Gross Leases to Net
- High Traffic Location – Strong Traffic Counts Exceeding Approximately 35,000 VPD Along W Andrew Johnson Hwy, Combined With Excellent Visibility
- Growing Trade Area with Surrounding New Developments & Limited Medical Office and Retail Shop Space Competition
- Expensive Tenant Buildout Costs –Significant Tenant Buildout Costs For Many Of The Tenants Demonstrating Long-Term Commitment To The Property
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
79,783 SF
Building Class
A
Year Built/Renovated
1992/2012
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
79,783 SF
Building FAR
0.24
Lot Size
7.54 AC
Zoning
IB
Parking
250 Spaces (3.13 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 041H-B-011.00 | Improvements Assessment | $2,005,302 |
| Land Assessment | $586,107 | Total Assessment | $2,591,409 |
PROPERTY TAXES
Parcel Number
041H-B-011.00
Land Assessment
$586,107
Improvements Assessment
$2,005,302
Total Assessment
$2,591,409
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