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Medical Office Leasehold Opportunity
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2307 W Andrew Johnson Hwy, Morristown, TN 37814

Office space on a main Morristown arterial corridor with a newly sealed and striped parking lot.

Property SizeContact for details
Days on Market123

Property Features for 2307 W Andrew Johnson Hwy

General Information

Standard status Active
Property subtype Office

Additional Details

Traffic Count 50,614 vehicles/day
Listing Agency: Avison Young - Knoxville
Listed By: Jim Holleman · License #TN 235328
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 3:10PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Avison Young - Knoxville

Investment Insights

Based on property information with market context.

Office space is available for sale on the main arterial corridor of Morristown. The property includes a parking lot that has been newly sealed and striped, and the space is currently occupied by a dentist. The tenant has approximately four years remaining on the NNN lease.

The location is positioned along a high-traffic corridor with a stated count of 50,614 cars per day. The current lease terms include rent of $2,325 per month through June 2021, increasing to $2,440 per month through June 2024.

Key Highlights

  • Office space on the main arterial corridor of Morristown with 50,614 cars daily traffic count
  • Newly sealed and striped parking lot
  • Currently leased to a dentist with about 4 years remaining on the NNN lease

Property Analytics

Current Use

Linkous Family Dentistry, ... Dental Office Dr. Daniel L. ... Dental Office Innovative Care Solutions Medical Clinic Absolute Treatment Physical ... Physician Nail Shoppe Hair Salon

Suggested Use

Top Pick Kitchen & Bath Showroom HVAC Service (Bike/Boat/Book/etc) Store Electrical Service Locksmith Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

50,614 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

366
Businesses Nearby
Well-served
Demand for This Use

Demographics for 37814, TN

34,130
Population
15,287
Households
2.2
Avg Household Size
41
Median Age
22%
College-Educated
88%
High-School Grad
43.9 sq mi
ZIP Area
777
Density / Sq Mi
$51,083
Median Household Income
$35,062
Median Earnings
$859
Median Rent
$192,200
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Similar Off Market Nearby

  • Moyers Veterinary Hospital 2309 W Andrew Johnson Hwy # 2, Morristown, TN 37814
  • Cline George R 2309 w andrew johnson hwy, morristown, tn 37814
  • Byrd Brandon 2309 W Andrew Johnson Hwy # 2, Morristown, TN 37814

Frequently Asked Questions

What type of property is this?
Medical Office Space - Office space on a main Morristown arterial corridor with a newly sealed and striped parking lot.
Where is this medical office space located?
The property is located at 2307 W Andrew Johnson Hwy Morristown, TN.
What are key features of this property?
This property features: Office space on the main arterial corridor of Morristown with 50,614 cars daily traffic count; Newly sealed and striped parking lot; Currently leased to a dentist with about 4 years remaining on the NNN lease
(865) 450-8883 Call to check price and availability
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