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Flex Space Building with 2 Units
For Lease
$2,000,000

2450 Memorial Boulevard, Kingsport, TN 37664

COMMERCIAL - Kingsport, TN

Space SizeContact for details
Property Size31,656 SF
Lot Size2.77 Acres
Days on Market119

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 exterior 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: Aug 4 Last Checked: Aug 13 at 6:06AM
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.

2450 Memorial Boulevard is a flex space building offering approximately 25,520 SF of finished space configured into two separate units, with the flexibility to combine into a single contiguous footprint. The structure was built with steel and block construction and features a metal roof. Interior functionality is supported by 14-foot ceilings and an 18-foot overall clear height, with heating provided via natural gas and central systems and central air cooling.

The property is positioned on a level site with 112+ parking spaces and frontage/access from multiple-lane city streets on two sides for strong visibility and convenient operations. A detached exterior loading dock supports distribution, retail, or light industrial-style uses. Utilities include natural gas, public water, and public sewer. Built in 1983 and zoned B 3 (Highway Business), the site accommodates a broad range of commercial applications for retail, services, fitness/medical, restaurant and entertainment concepts, automotive sales, indoor storage, educational/community uses, and similar operations.

Key Highlights

  • Approximately 25,520 SF finished flex space configured into two units with ability to combine
  • 18‑foot overall clear height and 14‑foot ceilings
  • Steel and block construction with a metal roof

Property Analytics

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

610
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

Market

Lease Benchmarks for Kingsport, TN

$268 /SF/Yr
Avg Asking Price
$9–$940 /SF/Yr
Price Range
12,973 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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flex space on a level 2.77-acre site, zoned B 3 Highway Business, with two finished units and option to combine.
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: Approximately 25,520 SF finished flex space configured into two units with ability to combine; 18‑foot overall clear height and 14‑foot ceilings; Steel and block construction with a metal roof
More about this property
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