Log In/Sign Up
Your email has been sent.
2790 E Stone Dr 14,820 SF Retail Building Kingsport, TN 37660 $4,250,000 ($286.77/SF) 8.61% Cap Rate
Investment Highlights
- Premium Absolute Net Lease Opportunity with 10 Years Remaining
- Prime, high-visibility location in Kingsport, TN
- Strategically positioned near Target, Lowe’s, and numerous other national retailers
- Constructed in 2009
- Excellent exposure with combined traffic counts of 23,000 vehicles per day (VPD)
- Surrounded by affluent neighborhoods with average household incomes of $100,000
Executive Summary
Premium Absolute Net Lease Opportunity with 10 Years Remaining
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
B
Year Built
2009
Price
$4,250,000
Price Per SF
$286.77
Cap Rate
8.61%
NOI
$366,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
2.21 AC
Parking
32 Spaces (2.16 Spaces per 1,000 SF Leased)
Frontage
336’ on Stone Dr
Amenities
- Pylon Sign
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 047-024.01 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $975,800 |
Property Taxes
Parcel Number
047-024.01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$975,800
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
2790 E Stone Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.