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NNN Industrial Property
For Lease
$1,195,000 NNN

10384 Wallace Alley Street, Kingsport, TN 37663

Commercial Lease, Kingsport, TN

Space SizeContact for details
Lot Size1.35 Acres
Days on Market216

Property Features for 10384 Wallace Alley Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning MX
Parking 25
Subdivision Not In Subdivision
Directions I-81N to exit 63. Right on Airport Parkway. Business Park on left just before airport.
Standard status Active
APN 094 009.94
Size 8,000 SF
Lot size 1.35 Acres

Taxes and HOA fees

Tax Annual Amount 3535

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Heat Pump
Water source Public

Building Details

Year built 1996
Building materials Block
Roof type Metal
Listing Agency: The Addington Agency Bristol
Listed By: Garrett Addington · License #337697
Added: Mar 5 Changed: Oct 2 Last Checked: Oct 7 at 1:06AM
MLS# 9991892

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 8,000-square-foot industrial property was built in 1996 on 1.35 acres and is constructed with block walls and a metal roof. The building is served by heat pump heating and cooling, with public water and public sewer. It is currently subject to a NNN lease with Trane U.S. Inc. that extends through August 2028.

Located at 10384 Wallace Alley Street in Kingsport, the property sits in the Wallace Alley industrial corridor near Tri-Cities Airport and provides access to I-81. MX zoning supports industrial, distribution, logistics, and service-oriented uses, offering flexibility for the existing tenancy or future occupancy. The site is in Sullivan County, within the 37663 postal area.

Key Highlights

  • 8,000 square feet of industrial space on 1.35 acres
  • NNN lease with Trane U.S. Inc. runs through August 2028
  • MX zoning supports industrial, distribution, logistics, and service uses

Property Analytics

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Current Use

Trane Commercial Sales ... HVAC Service

Suggested Use

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

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

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

84
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - MX-zoned industrial space under a NNN lease with Trane U.S. Inc. through August 2028.
Where is this nnn property located?
The property is located at 10384 Wallace Alley Street Kingsport, TN.
What is the lease rate?
The lease rate is $1,195,000.
What are key features of this property?
This property features: 8,000 square feet of industrial space on 1.35 acres; NNN lease with Trane U.S. Inc. runs through August 2028; MX zoning supports industrial, distribution, logistics, and service uses
More about this property
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