This Retail Property is Off-Market.

2790 East Stone Drive
Kingsport, TN 37660 ·

14,820 SF · Retail For Sale

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Walgreens - Kingsport, TN

Price N/A Cap Rate 7.55%
Building Size 14,820 SF Tenancy Single
Property Type Retail Year Built 2009
Property Sub-type Free Standing Bldg Lot Size 1.73 AC
Property Use Type Net Lease Investment with 10+ years left on lease
Listing ID: 16514736 Date Created: 12/28/2009 Last Updated: 03/03/2010

Description

The site is very well located along Stone Drive at New Beason Well Road. Stone Drive is the "Main Street" of Kingsport, and is the main east-west corridor through the city. The site is just down from a Target, Kohl's, Best Buy and Dick's anchored power center.

Walgreen Co., Standard & Poor' s rated A+ has 5,800 stores operating in the United States and Puerto Rico, and has average store sales in excess of $7.9 million. Walgreens fills a million prescriptions a day and employs over 195,000 employees. Publicly traded on the NYSE under the symbol WAG .

Highlights

  • On a great corner on the "Main Street" of Kingsport
  • Target anchored power center is just down the street

Research

2790 East Stone Drive, Kingsport, TN 37660 (Sullivan County)

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