Jonesborough, Tennessee: A Premier Destination for Commercial Real Estate

Introduction

Jonesborough, Tennessee, the oldest town in the state, offers a unique blend of historical charm and modern economic opportunities, making it a prime location for commercial real estate (CRE). With a growing population and a dynamic economy, Jonesborough is strategically positioned for businesses looking to capitalize on its burgeoning commercial landscape. The town's economy is diverse, with key industry clusters including healthcare, retail, and light manufacturing, which drive demand for various property types such as office, industrial, and retail spaces.

Economic and Industry Overview

Jonesborough's economy is anchored by several major industries:

• Healthcare: With a significant presence of clinics and healthcare providers, the demand for medical office space is on the rise.
• Retail: The town's historic downtown area is a thriving retail hub, attracting both locals and tourists, thus increasing the need for retail properties.
• Light Manufacturing: The presence of manufacturing facilities boosts the demand for industrial and flex spaces.

The Northeast Tennessee Regional Economic Development Partnership plays a crucial role in supporting business growth and attracting new industries to the area.

Strategic Location and Transportation Infrastructure

Jonesborough benefits from a strategic location with access to key transportation networks:

• Highways: Proximity to major highways such as I-26 and US-11E facilitates easy access to regional markets.
• Airports: The nearby Tri-Cities Airport offers convenient air travel for business professionals.
• Rail Lines: Freight services are supported by regional rail lines, providing logistical advantages for distribution.

These transportation options enhance Jonesborough's appeal as a distribution and logistics center. For more information, visit the Tennessee Department of Transportation.

Commercial Real Estate Inventory & Zoning

Jonesborough's CRE market is segmented into several submarkets:

• Central Business District (CBD): Known for its vibrant retail and office spaces.
• Industrial Corridors: Host to various manufacturing and distribution facilities.
• Innovation Districts: Areas focused on technology and creative industries.

The town has implemented zoning incentives to encourage development, including mixed-use overlays and tax abatements. For zoning maps and parcel viewers, visit the Jonesborough Planning Department.

Major Employers and Institutions

Key employers and institutions in Jonesborough that drive CRE demand include:

• Washington County Schools: A major employer in the education sector.
• Mountain States Health Alliance: A leading healthcare provider in the region.
• East Tennessee State University: Located nearby, it contributes to the demand for office and residential spaces.

Explore more about these employers on the Jonesborough Economic Development page.

Notable Commercial Developments & Projects

Recent and upcoming developments in Jonesborough include:

• Downtown Revitalization Projects: Enhancing the historic district with new retail and office spaces.
• Opportunity Zones: Areas designated for economic growth through tax incentives for investors.

Learn more about these projects through the Washington County Planning Department.

Building Permits, Planning, and Development Tools

For developers and investors, Jonesborough offers several resources:

• Building and Safety Department
• Permitting Portals
• Parcel Map Viewer / GIS
• Planning Commission
• Development Code

Market Data & Economic Reports

Access valuable market data and reports through public datasets:

• Census Bureau
• Jonesborough Open Data Portal

Brevitas employs AI-powered aggregation from these public data sources to provide comprehensive insights into the Jonesborough CRE market. Explore Brevitas-powered dashboards for Jonesborough here.

Why Use Brevitas for Jonesborough, Tennessee CRE?

Brevitas offers an advanced platform for discovering and managing CRE opportunities in Jonesborough:

• AI-driven Discovery: Find properties that match your criteria with ease.
• Real-time Market Alerts: Stay updated with the latest market trends.
• Smart Property Pages: Access detailed property information effortlessly.
• Dealroom Collaboration: Collaborate with stakeholders efficiently.

Brevitas also provides unique features such as auto-generated listing pages, email and landing page tools, and integration with brokers and developers, ensuring exclusive listings receive premium exposure. Explore Brevitas for all your Jonesborough CRE needs.