Listed by CENTURY 21 Legacy Realty Johnson City
$499,000
2303 Fort Henry Dr
Details
Property Type Industrial, Office
Sub Type Bar, Medical Office
Square Footage 9,412
Net Rentable (SqFt) 9,412
Units 5
Cap Rate 18.86%
Tenancy Multi
Lease Type Modified
Lease Expiration 01/26/2026
Rent Bumps No
Lease Options 0
Pro-Forma Cap Rate 22.63%
Pro-Forma NOI $112,944
Price per SqFt $53
Class C
Buildings 4
Stories 2
Acreage 0.520
Investment Type Value Add
Tenant Credit No Credit Rating
Ground Lease No
Low Rents and Tenant M2M- Value add Retail/Industrial/Office
Marketing description
Fort Henry Drive is a bustling hub of retail and industrial activity. This strategic location, in close proximity to both Walmart and Fort Henry Mall, offers a unique blend of convenience and opportunity. The area is a hotspot for value-add retail and industrial businesses, making it an ideal location for entrepreneurs and established businesses alike. One of the key features of this location is the flexibility it offers. With tenants on a month-to-month basis, businesses can adapt to market changes swiftly and efficiently. This flexibility allows for a dynamic business environment that can cater to evolving customer needs and market trends.
Listing Contacts
Listed by CENTURY 21 Legacy Realty Johnson City
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Zoning
R-1B ResidentialSingle FamilyResidential District
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View all 13 uses
View all 13 uses Last updated Jan 22, 2026 For deeper zoning details, reports are available at Zoneomics
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