101 Charles E Brooks Jr Way - Restaurant FOR SALE


Kingsport, TN 37660
$1,200,000 USD
703-559-7190
101 Charles E Brooks Jr Way, Kingsport, TN for Sale
$1,200,000 USD
Restaurant - FOR SALE
1/3
null | Request Cap Rate

101 Charles E Brooks Jr Way
Kingsport, TN 37660


HIGHLIGHTS

  • Located in Kingsport, TN, in the growing Eastern TN region – a thriving market, which continues to be at the top of the list for investors
  • Now vacant, a developer or owner/tenant can re-position this for future use in a robust submarket
  • Growing trade area (out to 15+ miles), highlighted by an Avg. HH Income of $74K and 1.2% projected annual growth through 2030
  • Well-situated near major retailers at the signalized intersection of W. Stone & Lewis Ln with combined traffic counts of 37,460± VPD
  • A plethora of ancillary outparcel draws includes McDonald’s, CVS, Burger King and Pizza Hut, creating additional synergy at the Property

OVERVIEW

Broker of Record Hutt Cooke License # 263667 (TN) Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$390 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

B-3

APN/PARCEL ID

022-033.02

ASK ABOUT THIS PROPERTY

Edward LaycoxMatthews Real Estate Investment ServicesMore Info
703-559-7190

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Edward LaycoxMatthews Real Estate Investment ServicesMore Info
703-559-7190

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.