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410 W Stone Dr
Kingsport, TN 37660
Wendy's - 30 Yr Base Lease · Retail Property For Sale
Investment Highlights
- Wendy’s in Kingsport, TN | The Largest City in the Kingsport-Bristol-Bristol MSA | Income Tax Free State
- Strong Guaranty by Tri-Cities Restaurant Group, LLC | 17 Locations Throughout Northeast Tennessee and Southwest Virginia
- Ideally Located Along West Stone Drive | More Than 32,300 Vehicles Per Day (VPD)
- Triple Net Lease (NNN) with 30 Years Remaining | Zero Landlord Responsibilities
- Hedge Against Inflation | 7.5% Rent Increases Every 5 Years
- Significant Capital Commitment to the Area | More Than $575 Million in Planned Commercial Development Since 2019
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,450 SF
Building Class
C
Year Built
2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.27 AC
Zoning
B-3 - Highway Oriented Business District
Parking
44 Spaces
Frontage
168’ on W. Stone Dr.
Property Taxes
| Parcel Number | 046A-B-003.01 | Improvements Assessment | $399,440 |
| Land Assessment | $197,280 | Total Assessment | $596,720 |
Property Taxes
Parcel Number
046A-B-003.01
Land Assessment
$197,280
Improvements Assessment
$399,440
Total Assessment
$596,720
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