10384 Wallace Alley St, Kingsport, TN 37663
8,000 SqFt industrial flex space with 5.88% CAP rate.
- Added:
- Mar 5, 2026
- Days on Market:
- 115
- Last Refresh:
- Mar 16 at 2:47 pm
Property Features for 10384 Wallace Alley St
General Information
- Standard status
- Active
- Size
- 8,000 SF
- Property subtype
- Industrial, Office
Building Details
- Year Built
- 1996
Listing office The Addington Agency (423) 646-1060
Listing date Mar 5, 2026
Source Crexi
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 The Addington Agency
HighLights
- 5.88% CAP Rate makes this an attractive investment opportunity
- Industrial Property suitable for various business uses
- 8,000 SqFt of versatile space
- Built in 1996
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $199.7k | $24.96 |
| − Vacancy | −$43.9k | −$5.49 |
| EGI | $155.8k | $19.47 |
| − OpEx | −$38.9k | −$4.87 |
| NOI | $116.8k | $14.60 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Kingsport
- County
- Sullivan
- State
- Tennessee
- Longitude
- -82.4206209
- Latitude
- 36.4859216
