2790 E Stone Dr - Drug Store FOR SALE


Kingsport, TN 37660- Town Of Kingsport
$4,250,000 USD
248-702-0288
2790 E Stone Dr, Kingsport, TN for Sale
$4,250,000 USD
Drug Store - FOR SALE
1/2
null | 8.61% Cap Rate

2790 E Stone Dr
Kingsport, TN 37660
Town Of Kingsport


HIGHLIGHTS

  • Premium Absolute Net Lease Opportunity with 10 Years Remaining
  • Constructed in 2009
  • Prime, high-visibility location in Kingsport, TN
  • Excellent exposure with combined traffic counts of 23,000 vehicles per day (VPD)
  • Strategically positioned near Target, Lowe’s, and numerous other national retailers
  • Surrounded by affluent neighborhoods with average household incomes of $100,000

OVERVIEW

Premium Absolute Net Lease Opportunity with 10 Years Remaining

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$1,516 USD /SF

CAP RATE

8.61%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

2.21 AC

LAND SF

96,268 SF

ZONING

-

APN/PARCEL ID

047-024.01

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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