2307 West Andrew Johnson Highway

Morristown, TN 37814

Listing ID: 196632

$375,000

For Sale

Property Type Office : Medical
Lot Size Acres 0.000
Building Sq Ft 2,042
Building Price per Sq Ft $183.64
Land Price per Sq Ft $183.64

2307 West Andrew Johnson Highway Morristown, TN 37814 - main image

Description

Available for Sale only. Office space available on the main arterial corridor of Morristown with a traffic count of 50,614 cars daily. Newly sealed and striped parking lot.
This space is currently occupied by a dentist with ~4 years remaining on the NNN lease. Tenant's current rent is $2325/month through June 2021, then increases to $2440/month through June 2024.
Contact broker for more information.

Attachments & Files

salebrochure-7-X8Q-REl.pdf

Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		3,044	23,993	43,203
Population Median Age		38	39	39
Population by Age	0-9 Yrs	525 (17%)	2802 (11%)	5382 (12%)
	10-19 Yrs	364 (11%)	3558 (14%)	5823 (13%)
	20-29 Yrs	459 (15%)	2773 (11%)	5335 (12%)
	30-39 Yrs	392 (12%)	3354 (13%)	5671 (13%)
	40-49 Yrs	254 (8%)	2872 (11%)	5121 (11%)
	50-59 Yrs	239 (7%)	2953 (12%)	5636 (13%)
	60-69 Yrs	429 (14%)	2874 (11%)	5207 (12%)
	70+ Yrs	383 (12%)	2807 (11%)	5028 (11%)

Median HH Income		$32,523	$33,686	$37,988
Total Household Income	< 24K	411 (38%)	3576 (40%)	5600 (34%)
	25-49K	295 (27%)	2342 (26%)	4649 (28%)
	50-74K	148 (13%)	1369 (15%)	2832 (17%)
	75-99K	41 (3%)	730 (8%)	1763 (10%)
	100-199K	115 (10%)	779 (8%)	1366 (8%)
	200K+	52 (4%)	141 (1%)	209 (1%)

Highest Education Level	No Diploma	444	3741	6072
	Diploma or GED	532	5971	11600
	Some College	335	2919	5223
	Assoc. Degree	139	961	2053
	Bachelors Degree	311	1564	2633
	Higher Degree	155	987	1596

Total Housing Units		1,143	10,039	18,295
--Owner-Occupied		533	4,823	9,898
--Renter-Occupied		529	4,115	6,521
Owner-Occupied Values	< 100K	105	1817	3731
	100-199K	248	1977	4505
	200-299K	67	646	1107
	300-399K	49	203	336
	400-499K	39	114	130
	500K+	27	65	89

Total Working Age Population		2,300	19,097	34,217
In Work Force		1,099	9,926	18,858
Not In Work Force		1,201	9,171	15,358
Workforce Employed		970	8,853	17,096
Workforce Unemployed		129	1,073	1,710
Civlian Workforce		1,099	9,925	18,805
Military Workforce		0	1	53

Total Households		1,062	8,937	16,419
Family Households		726	5,775	10,855
Non-Family Households		336	3,163	5,564
Married Couple		479	3,846	7,693
Other Family		248	1,929	3,162
Married w/Child		193	1,411	2,666
Single Male w/Child		71	299	504
Single Female w/Child		56	580	1,019

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Tennessee	5,689,283	+12	6,346,105	+9	6,886,369	+7	7,393,069
Grainger County	20,659	+10	22,657	+3	23,388	+3	24,069
Hamblen County	58,128	+8	62,544	+4	65,234	+4	68,146
Jefferson County	44,294	+16	51,407	+7	54,900	+6	58,295

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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.