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1532 Bridgewater Ln
Kingsport, TN 37660
Sherwin-Williams Paints · Retail Property For Sale
Investment Highlights
- Sherwin-Williams just committed to an early 10 year extension
- Two five-year options with 8% rent increases
- Double net lease through 12/31/2034 with rent increases in 2025 (8%) and 2030 (4%)
- Roof replaced in 2021 and includes a transferable warranty
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,505 SF
Building Class
C
Year Built
1974
Tenancy
Single
Building Height
1 Story
Building FAR
0.34
Lot Size
0.37 AC
Parking
12 Spaces (2.18 Spaces per 1,000 SF Leased)
Frontage
108’ on Bridgewater Ln
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 047H-A-006.03 | Improvements Assessment | $139,600 |
| Land Assessment | $20,080 | Total Assessment | $159,680 |
Property Taxes
Parcel Number
047H-A-006.03
Land Assessment
$20,080
Improvements Assessment
$139,600
Total Assessment
$159,680
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