125 & 133 Broad Street
For Sale - 37,000± SF Multistory Office / Retail Building in Downtown Kingsport, TN
 
  Property Specifications
  Location: 125 & 133 Broad Street
Kingsport, TN 37660
  Size: 37,000± SF (2-3 floors) | 0.33± AC
  Year Built: 1918 / 1987;
renovations completed in 2008
  Potential NOI: $161,879
  Terms: All cash, As-is
  Reduced Price: $700,000 ($19 psf)
     
 
  Investment Highlights  
  Strong Demographics with 33,708±  people with an average household income exceeding $47,625 within a 3-mile radius.  
  Discount to Replacement Cost – The asset can be purchased at a significant discount to replacement cost.
  
  Upside Potential – for the investor/buyer through repositioning & lease-up.
  
  Recent 2008 renovation and improvements.  
   
For more information, please contact:
  
 
Joseph R. Montgomery, III
Senior Vice President
dir: +1 404 574 1029
joe.montgomery@colliers.com
Tony D'Ambrosio
Vice President
dir: +1 404 574 1048
tony.dambrosio@colliers.com
 
 
  Property Downloads: Confidentiality Agreement | Property Flyer
 
Information container herein has been obtained from the owner of the property or other sources that we deem reliable.
We have no reason to doubt its accuracy, but we do not guarantee it. You should conduct an independent investigation
of the property to determine the suitability of the property for your needs.