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

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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

Krispy Kreme Bakery

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Garden Center (Bike/Boat/Book/etc) Store Grocery & Convenience 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

1,076

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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What type of property is this? Where is this nnn properties 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?

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