Building Details

Year Built 2023

Listing Agency: Matthews t***@matthews.com Show Phone

Listed By: Tanner Sanford · License #370826 (TN) Show Phone

Source: Matthews

Added: May 20 Changed: Aug 23 Last Checked: Aug 22 at 6:52AM

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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 Matthews

Investment Insights

Based on property information with market context.

This is a new construction retail space encompassing 2,386 square feet. The property is located within a high-traffic area, surrounded by 1 million square feet of retail space. The property is being offered for sale with a capitalization rate of 5.70%.

Key Highlights

• 5.70% cap rate
• New construction
• Built in 2023

Property Analytics

Property Profile

Current Use

Citizens Bank of East ... Bank Chipotle Mexican Grill Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Garden Center Florist Carpet & Flooring Store

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

1,032

Businesses Nearby

Explore this area Business Placement

Demographics for 37660, TN

39,479

Population

20,405

Households

1.9

Avg Household Size

45

Median Age

24%

College-Educated

88%

High-School Grad

65.7 sq mi

ZIP Area

601

Density / Sq Mi

$46,913

Median Household Income

$34,164

Median Earnings

$833

Median Rent

$177,800

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - New construction retail space with high traffic and visibility.

Where is this retail space located?

The property is located at 1401 E Stone Dr Kingsport, TN.

What is the asking price?

The asking price for this property is $2,719,298.

What are key features of this property?

This property features: 5.70% cap rate; New construction; Built in 2023