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Two-Office Professional Suite
For Lease
$1,000/Mo

245 East New St Unit 201, Kingsport, TN 37660

Street-level office suite with a waiting area, nearby public parking, and customer-accessible street parking.

Space Size600 SF
Days on Market32

Property Features for 245 East New St Unit 201

General Information

Standard status Active
Size 600 SF
Net Rentable 600 SF

Space & Availability

Available Space 600 SF
Contiguous Space 600 SF
Space Use Office
Private Offices 2

Lease Terms

Lease Rate $1,000 /USD/MO
Total Rate $1,000
Monthly Rent $1,000
Rent per SF/Year $20

Building Details

Year Built 1940
Listing Agency: Platinum Properties, Powell, Realtors
Listed By: Dwayne Powell · License #260055
Source: Thecolinandcarlygroup
Added: Aug 1 Changed: Aug 31 Last Checked: Aug 31 at 6:35PM

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 Platinum Properties, Powell, Realtors

Investment Insights

Based on property information with market context.

This 600-square-foot office unit provides two offices along with a waiting area in a compact professional layout. The suite is located on the second floor of a 1940 building and is offered for commercial lease only.

The property is in downtown Kingsport, TN, with a large free public parking lot adjacent to the building for employees. Street-level parking is also available for customers. Electricity, water, and a private waste dumpster are included with the space.

Key Highlights

  • 600 square feet of office space
  • Two offices plus a waiting area
  • Adjacent to a large free public parking lot

Property Analytics

Current Use

Real Estate Training ... Vocational School Northwestern Mutual Financial Advisor Star-Quality Studio’s Recording Studio Steven K Hutton ... Architect In-Home Care Services ... Home Health Care Service

Suggested Use

Top Pick Auto Parts Store Garden Center Grocery & Convenience Store Acupuncture (Bike/Boat/Book/etc) Store 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.

Lease Details

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,971
Businesses Nearby

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

Lease Benchmarks for Kingsport, TN

$16.8 /SF/Yr
Avg Asking Price
$0.96–$24 /SF/Yr
Price Range
3,910 SF
Avg Space Size

This space is priced 19% above the average of $16.8 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Street-level office suite with a waiting area, nearby public parking, and customer-accessible street parking.
Where is this office units located?
The property is located at 245 East New St Unit 201 Kingsport, TN.
What is the lease rate?
The lease rate is $1,000/Mo.
What are key features of this property?
This property features: 600 square feet of office space; Two offices plus a waiting area; Adjacent to a large free public parking lot
More about this property
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