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1401 E Stone Dr - New Construction - Chipotle 612 SF Specialty Building Offered at $2,818,181 at a 5.50% Cap Rate in Kingsport, TN 37660



Investment Highlights
- New Construction – construction was completed in 2023.
- Premier Location & Major Retailers
- Landlord Friendly Lease
- Nearby to Eastman’s Global HQ & Leading U.S. Manufacturing Facility
- First Store Developed in Market
- Transferable Roof Warranty
Executive Summary
Broker of Record
Hutt Cooke
License # 356505 (TN)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Hutt Cooke
License # 356505 (TN)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
| Price | $2,818,181 | Building Class | C |
| Price Per SF | $4,604.87 | Lot Size | 0.68 AC |
| Sale Type | Investment | Building Size | 612 SF |
| Cap Rate | 5.50% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1982 |
| Property Subtype | Car Wash | Parking Ratio | 22.88/1,000 SF |
| Zoning | B- | ||
| Price | $2,818,181 |
| Price Per SF | $4,604.87 |
| Sale Type | Investment |
| Cap Rate | 5.50% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.68 AC |
| Building Size | 612 SF |
| No. Stories | 1 |
| Year Built | 1982 |
| Parking Ratio | 22.88/1,000 SF |
| Zoning | B- |
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Property Taxes
| Parcel Number | 046L-A-005.10 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $370,160 |
Property Taxes
Parcel Number
046L-A-005.10
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$370,160
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1401 E Stone Dr - New Construction - Chipotle
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