East Tennessee NNN Investment
For Sale
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1651 E Stone Dr, Kingsport, TN 37660
Corporate-backed absolute NNN property in prominent East Tennessee location.
Property Size2,653 SF
Price / SF$1,100
Days on Market160
Property Features for 1651 E Stone Dr
General Information
Standard status
Active
Size
2,653 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$181,890
Building Details
Year Built
2014
Buildings
1
Tenancy
Single
Listing Agency:
Matthews
Listed By:
Tanner Sanford · License #TN 370826
Source:
Crexi
Added: Mar 4
Changed: Aug 8
Last Checked: Aug 11 at 4:20PM
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 commercial real estate property, situated in a prominent East Tennessee location, offers a corporate-backed absolute NNN lease structure. The property has a size of 2,653 square feet and operates with a capitalization rate of 6.23%.
Key Highlights
- Prominent East TN Location
- Excellent 6.23% CAP Rate
- Corporate Tenant in place
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,076
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Corporate-backed absolute NNN property in prominent East Tennessee location.
Where is this nnn property located?
The property is located at 1651 E Stone Dr Kingsport, TN.
What is the asking price?
The asking price for this property is $2,920,000.
What are key features of this property?
This property features: Prominent East TN Location; Excellent 6.23% CAP Rate; Corporate Tenant in place
