1205 E Stone Dr | Kingsport, TN 37660
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1205 E Stone Dr
Kingsport, TN 37660
Chick-Fil-A Ground Lease · Land For Sale
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1.02 AC
PROPERTY FACTS
DESCRIPTION
Unique Opportunity! Ground Lease For Sale of 1.02 acres at East Stone Drive Chick-fil-A in Kingsport, TN. The third of seven five year ground lease renewals is currently in effect starting November 1, 2018 and runs to October 31, 2023. There are four 5-year renewals remaining. Outstanding performing Chick Fil A restaurant. Cap Rate is 4.75%. No landlord expense. Tenant pays all taxes, insurance, and maintenance. Financial and lease info available to qualified buyers.
PROPERTY TAXES
| Parcel Number | 046L-A-001.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $817,360 |
PROPERTY TAXES
Parcel Number
046L-A-001.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$817,360
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