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Renovated Single-Tenant Office Building
For Sale
Contact for pricing
Pending

340 Martin Luther King Jr, Bristol, TN 37620

Fully leased corporate office property with a substantial renovation completed in 2018–2019.

Property SizeContact for details
Days on Market143

Property Features for 340 Martin Luther King Jr

General Information

Standard status Pending
Property subtype Office
Listing Agency: CBRE
Listed By: Andrew Wilmoth, SIOR, CCIM · License #351092
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 5:12PM

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 CBRE

Investment Insights

Based on property information with market context.

The Leitner Building is an approximately 50,000 SF office property configured for a single occupant. Originally completed in 1964, the building underwent renovation work during 2018–2019 and is currently 100% leased. Alpha Metallurgical Resources, Inc., a publicly traded U.S. supplier of metallurgical products for the steel industry, uses the property as its corporate headquarters.

Located at 340 Martin Luther King Jr in Bristol, TN, the property is within a Designated Opportunity Zone serving Sullivan County. The building’s scale, single-occupant configuration, renovation history, and current lease status define the asset’s principal characteristics.

Key Highlights

  • Approximately 50,000 SF office building
  • Single‑tenant configuration with 100% leased occupancy
  • Renovated during 2018–2019

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Big Box & Wholesale Store Real Estate Agency Building Supply Storage Facility Hair Salon Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

1,187
Businesses Nearby

Demographics for 37620, TN

38,245
Population
18,119
Households
2.1
Avg Household Size
45
Median Age
26%
College-Educated
90%
High-School Grad
128.2 sq mi
ZIP Area
298
Density / Sq Mi
$54,908
Median Household Income
$36,017
Median Earnings
$809
Median Rent
$175,500
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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Frequently Asked Questions

What type of property is this?
Office building - Fully leased corporate office property with a substantial renovation completed in 2018–2019.
Where is this office building located?
The property is located at 340 Martin Luther King Jr Bristol, TN.
What are key features of this property?
This property features: Approximately 50,000 SF office building; Single‑tenant configuration with 100% leased occupancy; Renovated during 2018–2019
(865) 498-6500 Call to check price and availability
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