2025 Meadowview Pky | Kingsport, TN 37660
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2025 Meadowview Pky
Kingsport, TN 37660
7.50% MOB | $140 PPSF | Low Rents | 100% Occ · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Medical Office Building – Medical tenants have a history of being one of the most stable tenant types when it comes to office space
- Advantageous Return – At a 7.50% return, this investment provides an attractive cash flow potential with room for growth due to low rents/SF
- Nearby Hospitals – Holston Valley Medical Center and Indian Path Community Hospital are within a 10-minute drive from this location
- Annual Rental Increases – Maintain growth of your investment dollars by hedging against inflation with annual rental increases from 1%-3% among tenant
- Location Business Corridor – This property is located just off Highway 26, which sees nearly 20,000 VPD
- 5 – State Highway Hub – Highway 26 allows patients and clients to easily access this location from Tennessee, North Carolina, Virginia, and more
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
13,755 SF
Building Class
C
Year Built
2000
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,878 SF
Slab To Slab
12’
Building FAR
0.24
Lot Size
1.30 AC
Zoning
R-1
Parking
44 Spaces (3.2 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 075L-E-041.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $598,120 |
PROPERTY TAXES
Parcel Number
075L-E-041.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$598,120
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