Restaurant Property with
2705 N John B Dennis Highway Kingsport, TN 37660
For Sale
$224,900
Restaurant-ready property includes a large walk-in cooler and outdoor space with convenient access off a four-lane highway.
Property Size1,848 SF
Price / SF$121.70
Days on Market482
Property Features for 2705 N John B Dennis Highway
General Information
- Standard status
- Active
- Size
- 1,848 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1951
Listing Agency:
TCI Group - Jerry Petzoldt Agency, LLC
(423) 230-0255
Listed By:
Chris Ramsey · License #369704
Source:
Xome
Added: Mar 30, 2025
Changed: Jul 23
Last Checked: Jul 24 at 5:28AM
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 property is a restaurant-focused commercial space that would also suit a bar or retail use. The improvements include a large walk-in cooler and outdoor space, supported by a large parking area for customer access.
The site is located on John B Dennis Highway in Kingsport, Tennessee, with quick access off a four-lane state highway. It is positioned near Indian Path Hospital, Kingsport Speedway, and Cox Tractor.
The property is for sale, and showings are required before 11:30 AM Monday through Saturday.
The site is located on John B Dennis Highway in Kingsport, Tennessee, with quick access off a four-lane state highway. It is positioned near Indian Path Hospital, Kingsport Speedway, and Cox Tractor.
The property is for sale, and showings are required before 11:30 AM Monday through Saturday.
Key Highlights
- Restaurant‑ready property with a large walk‑in cooler and outdoor space
- Quick access off a four‑lane state highway (John B Dennis Highway)
- Metal roof
Financial Insights For Specialty Retail
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 | $27.7k | $15.00 |
| − Vacancy | −$1.7k | −$0.90 |
| EGI | $26.1k | $14.10 |
| − OpEx | −$6.5k | −$3.53 |
| NOI | $19.5k | $10.58 |
1,848 SF · lease $15.00/SF/yr · vacancy 6.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$279.2K
$244.3K – $325.7K
NOI $19,543 @ 7.0% cap · market cap 8.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$692.0K
$605.5K – $807.4K
NOI $48,443 @ 7.0% cap · market cap 21.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
LibertyX Bitcoin ATM
Atm
Pit Stop Lounge
Bar & Pub
FAQs
What type of property is this?
Conventional restaurant - Restaurant-ready property includes a large walk-in cooler and outdoor space with convenient access off a four-lane highway.
Where is this conventional restaurant located?
The property is located at 2705 N John B Dennis Highway Kingsport, TN.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: Restaurant‑ready property with a large walk‑in cooler and outdoor space; Quick access off a four‑lane state highway (John B Dennis Highway); Metal roof
