Property Description

Listing Status

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  AC:Heat Pump3	true
  Business Type:Distribution	true
  Business Type:Manufacturing	true
  Business Type:See Remarks33	true
  Contract Info:Foreclosure	No
  Development Status:Infrastructure In	true
  Electric Service:See Remarks36	true
  Exterior Finish:Block5	true
  General Property Description:# Parking Spaces	25
  General Property Description:Acres	1.35
  General Property Description:Annual Lease	75600.0
  General Property Description:HOA YN	No
  General Property Description:Lease	Yes
  General Property Description:Lot Size2	1.35 Acres
  General Property Description:Price LeaseSqFt	9.45
  General Property Description:Total SqFt Finished	8000.0
  General Property Description:Total SqFt Unfinished	0.0
  General Property Description:Zoning2	MX
  Heating:Heat Pump2	true
  Info Available:Floor Plan	true
  Info Available:Leases2	true
  Info Available:Plat	true
  Info Available:ProfitLoss Statement	true
  Info Available:Survey2	true
  Location Tax Legal Info:City Taxes	3675.97
  Location Tax Legal Info:ComplexInd Park	Wallace Alley Park
  Location Tax Legal Info:County Taxes	3534.83
  Location Tax Legal Info:Deed Book #	3537
  Location Tax Legal Info:Deed Page #	1793
  Location Tax Legal Info:Lot #	2R4
  Other Equipment:See Remarks38	true
  Possession:See Remarks17	true
  Property Condition:Above Average	true
  Remarks Misc:Directions3	I-81N to exit 63. Right on Airport Parkway. Business Park on left just before airport.
  Remarks Misc:Public Remarks7	Looking for a turn-key investment in the heart of the Tri-Cities? Don't miss this one! Offering 8,000± square feet of industrial space, this property is secured by a NNN lease with Trane U.S. Inc., a nationally recognized HVAC leader with over 15 years of operating history at this location. Currently delivering approximately $75,600-$79,360 in annual NOI, this corporate-backed lease runs through August 2028, providing stable income with built-in rental growth and renewal potential. Zoned MX (Mixed Use), this flexible zoning designation allows for a wide range of industrial, distribution, logistics, and service-based uses-- creating long-term adaptability and value beyond the current tenancy. Strategically positioned in the Wallace Alley industrial corridor near the Tri-Cities Airport with convenient access to I-81, this centralized location supports efficient regional service routes, distribution operations, and light industrial users alike. Whether you're an investor seeking predictable cash flow, a 1031 buyer looking to secure credit-backed income, or an operator planning for future occupancy, this asset offers flexibility, functionality, and long-term positioning in one of the region's most accessible industrial pockets. Priced to sell, this property will not last long at $1.35- call today to schedule your appointment! All information contained herein is collected from third party sources and is believed to be accurate but is also subject to buyer or buyers agent verification.
  Restrictions:See Remarks34	true
  Road Access:City Street	true
  Roof:Metal3	true
  Sale Includes:Fee Simple	true
  Sewer:Public Sewer	true
  Utilities:Electricity Connected	true
  Utilities:Natural Gas Connected	true
  Utilities:Sewer Connected	true
  Utilities:Water Connected	true
  Water:Public	true
  Videos:	(none)
  Virtual Tours:	(none)

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