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Office-Warehouse Flex Building
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10376 Wallace Alley St, Kingsport, TN 37663

Two-part facility combines professional offices with warehouse utility.

Property SizeContact for details
Days on Market146

Property Features for 10376 Wallace Alley St

General Information

Standard status Active
Property subtype Office, Industrial
Listing Agency: TCI Group – Jerry Petzoldt Agency LLC
Listed By: Glenn Perkins · License #VA 0225224327
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 2:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TCI Group – Jerry Petzoldt Agency LLC

Investment Insights

Based on property information with market context.

This flex property at 10376 Wallace Alley St comprises a 10,000-square-foot building on 1.25 acres. The office component occupies 5,000 square feet and includes 10 offices, a conference room, kitchen and break room, and reception area. A separate 5,000-square-foot warehouse component supports light industrial and service-oriented operations.

The property is located within the 150-acre Northeast Tennessee Business Park, which is designated as a Foreign Trade Zone. The park is positioned for access to Tri-Cities Regional Airport, Northeast State Community College, and I-81, with Kingsport, Johnson City, and Bristol within easy commuting distance. The property’s pro forma cap rate is 10.7%.

Key Highlights

  • 10,000‑square‑foot flex building on 1.25 acres
  • 5,000‑square‑foot office area with 10 offices
  • 5,000‑square‑foot warehouse component

Property Analytics

Current Use

Belt Tech Inc. Factory

Suggested Use

Top Pick HVAC Service Auto Parts Store Storage Facility Furniture & Home Goods Auto Repair Shop Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

59
Businesses Nearby
Well-served
Demand for This Use

Demographics for 37663, TN

14,392
Population
6,679
Households
2.2
Avg Household Size
47
Median Age
34%
College-Educated
95%
High-School Grad
25.8 sq mi
ZIP Area
558
Density / Sq Mi
$76,122
Median Household Income
$45,399
Median Earnings
$886
Median Rent
$224,900
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Two-part facility combines professional offices with warehouse utility.
Where is this flex space located?
The property is located at 10376 Wallace Alley St Kingsport, TN.
What are key features of this property?
This property features: 10,000‑square‑foot flex building on 1.25 acres; 5,000‑square‑foot office area with 10 offices; 5,000‑square‑foot warehouse component
(423) 230-0255 Call to check price and availability
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