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    3004 Andrew Johnson Hwy Morristown, TN 37814

    Sponsored
    For Lease
    $13 SF/Yr ($16,633 /Mo)

    High-traffic retail space available in Morristown, TN.

    Lot size:
    15,354 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 3004 W Andrew Johnson Highway in Morristown, Tennessee, offers 15,354 square feet of total building space. Currently, there is 4,666 square feet of vacant space available for lease, perfect for a variety of retail businesses. The property is situated in Hamblen County, zip code 37814, and benefits from high visibility and accessibility due to its location on W Andrew Johnson Highway. The building is classified as multi-tenant, presenting an opportunity for expansion or collaboration with existing tenants. The available space provides ample room for a substantial retail operation, offering significant potential for growth and profitability. This prime location in Morristown offers easy access to a thriving community and strong consumer base. The property's size and layout are ideal for businesses seeking a prominent presence in a busy commercial area. Interested parties are encouraged to inquire about lease terms and conditions to explore this exciting opportunity. The property is categorized as retail commercial space. The address is 3004 W Andrew Johnson Hwy, Morristown, TN 37814.

    Property Features for 3004 Andrew Johnson Hwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,354 SF
    Total Rate
    16633.5

    Unit(s) available at that property

    Space
    Available space
    Size
    4,666 SF
    Rate per SF
    $13

    HighLights

    • Prime Morristown, TN location on W Andrew Johnson Highway.
    • Excellent visibility between downtown Morristown and the Cherokee Crossing (Merchants Greene Blvd. & US Hwy 11‑E).
    • 4,666 SF of space available for lease within a 15,354 SF building.
    • High traffic counts and convenient access.
    • Strong growth fueled by new manufacturers and national retailers.
    • Close proximity to Walmart, Food City, Texas Roadhouse, Chili's, and the new $37 million Covenant Health outpatient facility (50,000 SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    ImmunoTek Plasma Blood Donation Center

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Morristown
    County
    Hamblen
    State
    Tennessee
    Longitude
    -83.336112992098
    Latitude
    36.201750523043

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space available in Morristown, TN.
    Where is this retail property located?
    The property is located at 3004 Andrew Johnson Hwy Morristown, TN.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: Prime Morristown, TN location on W Andrew Johnson Highway.; Excellent visibility between downtown Morristown and the Cherokee Crossing (Merchants Greene Blvd. & US Hwy 11-E).; 4,666 SF of space available for lease within a 15,354 SF building.
    Request Owner's contact information
    3004 Andrew Johnson Hwy Morristown, TN 37814
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    Morristown, TN 37814
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3004 Andrew Johnson Hwy Morristown, TN 37814
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