Single Tenant Industrial Investment in Morristown, TN

For Sale

1307 Davis Ave, Morristown, TN 37814

This Morristown property for sale is located at 1307 Davis Ave. The general use of Single Tenant Industrial Investment in Morristown, TN is industrial and it incorporates 155,989 square feet of class C industrial space. The current listed sale price for Single Tenant Industrial Investment in Morristown, TN is $4,200,000. Single Tenant Industrial Investment in Morristown, TN is situated on a lot that is 7.81 acre in size.

Contacts

broker

Taylor Durand

SVN | Wood Properties

Property Details

  • Property Type Industrial - Manufacturing
  • Property Size 155,989 SF
  • Units 1
  • Lot Size 7.81 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 1948
  • Year Renovated 2017
  • Date Updated Sep 4, 2024
  • Dock High Doors 7
  • Grade Level Doors 5
  • Office Area 5,000 SF
  • HVAC None
With a thriving business scene and an array of amenities, the area presents an exciting opportunity for office building investors looking to make their mark in Morristown.Industrial investment opportunity in Morristown, TN. 155,989 SF spread over three levels with approximately 5,000 SF of office space. MooreCo, the current tenant, is currently on a long-term lease and has made significant investments into the building. The property features 150,000 SF of warehouse space split into two main areas, with ceiling heights ranging from 12’-20’. The upstairs portion includes 25,000 SF of storage space. The property also includes 8 dock high doors and 2 drive-in bays, along with a new HVAC system, upgraded parking area and a recently upgraded roof. The office portion features private offices, a conference room, and a kitchenette. The sale includes the neighboring lot addressed 231 Stillwell Ave Morristown, TN 37814. The lot is currently leased on a month to month basis for $1,100 per month.

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Highlights

  • Well located Morristown, TN Industrial facility
  • High credit Tenant on Long-Term Lease
  • 155,989 SF over 3 levels
  • 142,988 Usable SF
  • 25,000 SF Storage on upper floor
  • 5,000 SF Office including private offices, conference room, and kitchenette
  • 12’-20’ Clear heights in Warehouse
  • 8 dock high doors and 2 drive-in bays
  • New HVAC
  • Renovated rubber roof
  • Recently paved parking lot

Getting around

  • 16/100

    Walk Score ®

  • 8/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Morristown, TN
  • Neighborhood Morristown
  • Zip Code 37814

Points of Interest

  • Shell

    1.59 miles

  • Murphy USA

    2.49 miles

  • Exxon

    2.86 miles

  • Weigel's

    5.87 miles

  • Weigel's

    5.90 miles

  • Lakeshore BP

    5.99 miles

  • Gulf

    8.28 miles

  • Weigel's

    8.37 miles

  • Ultimate Shine Car Wash

    2.49 miles

  • McDonald's

    0.70 miles

  • Jersey Girl Diner

    0.97 miles

  • Little Dutch

    0.99 miles

  • KFC

    1.07 miles

  • Popeyes

    1.08 miles

  • Burger King

    1.11 miles

  • Dairy Queen

    1.15 miles

  • Pal's

    1.31 miles

  • Shoney's

    1.78 miles

  • Arby's

    1.88 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Taylor Durand

SVN | Wood Properties