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Adaptable Flex Building
For Lease
$2,000,000

2450 Memorial Boulevard, Kingsport, TN 37664

Commercial Lease, Kingsport, TN

Space Size25,520 SF
Property Size31,656 SF
Lot Size2.77 Acres
Days on Market165

Property Features for 2450 Memorial Boulevard

General Information

Property type Commercial Lease
Property subtype Other
Zoning B 3
Parking 112
Subdivision Not In Subdivision
Directions In Kingsport at the corner of E Center Street and Memorial Blvd.
Standard status Active
APN 062h A 005.00
Size 25,520 SF
Lot size 2.77 Acres

Taxes and HOA fees

Tax Annual Amount 10613

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Central
Cooling system Central Air
Water source Public

Amenities

detached loading dock

Building Details

Year built 1983
Building materials Block
Roof type Metal
Listing Agency: TCI Group - Jerry Petzoldt Agency, LLC
Listed By: Ed Mahaffey · License #355986
Added: Apr 17 Changed: Sep 13 Last Checked: Sep 28 at 3:06AM
MLS# 9994069

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The 31,656-square-foot building contains approximately 25,520 square feet of finished space arranged as two separate units that can be joined into one larger footprint. Block construction, a metal roof, 14-foot ceilings, and an 18-foot overall clear height support a range of commercial layouts. Central heating and cooling are provided, with natural gas, public water, and public sewer serving the property. Constructed in 1983, the building occupies a level 2.77-acre site and includes 112+ parking spaces.

Located at 2450 Memorial Boulevard in Kingsport, the property has frontage and access from multiple-lane city streets on two sides. A detached exterior loading dock adds functionality for distribution and service operations. B3 Highway Business zoning supports a broad range of commercial applications, including retail, office/warehouse, professional services, fitness, medical, restaurant, indoor storage, educational, and entertainment uses as identified for the property.

Key Highlights

  • 31,656‑square‑foot building with approximately 25,520 square feet of finished space
  • Two separate units with the ability to combine into one contiguous footprint
  • 2.77‑acre level site with 112+ parking spaces

Property Analytics

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Current Use

ATM Atm Farmers Home Furniture ... Electronics & Wireless Store Kingsport Fitness Gym & Fitness Center Sunny Dayz Tanning ... Tanning Salon

Suggested Use

Top Pick Real Estate Agency Auto Parts Store HVAC Service Building Supply Electrical Service Accounting Firm

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

18 ft
Clear height
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

434
Businesses Nearby
Under-served
Demand for This Use

Demographics for 37664, TN

28,748
Population
13,914
Households
2.1
Avg Household Size
44
Median Age
34%
College-Educated
92%
High-School Grad
33.9 sq mi
ZIP Area
848
Density / Sq Mi
$61,164
Median Household Income
$37,047
Median Earnings
$817
Median Rent
$204,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Kingsport, TN

$36.25 /SF/Yr
Avg Asking Price
$11.5–$108 /SF/Yr
Price Range
13,800 SF
Avg Space Size

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - B3-zoned commercial property with two configurable areas, substantial parking, and a detached loading dock.
Where is this flex space located?
The property is located at 2450 Memorial Boulevard Kingsport, TN.
What is the lease rate?
The lease rate is $2,000,000.
What are key features of this property?
This property features: 31,656‑square‑foot building with approximately 25,520 square feet of finished space; Two separate units with the ability to combine into one contiguous footprint; 2.77‑acre level site with 112+ parking spaces
More about this property
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