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Grocery-Anchored Retail Center

3006 N John B Dennis Hwy Kingsport, TN 37660

New
3006 N John B Dennis Hwy, Kingsport, TN, 37660
$2,533,708
For Sale
$2,533,708

Fully stabilized grocery-anchored center featuring a long-tenured IGA/Price Less Foods operator.

Property Size37,380 SF
Price / SF$67.78
Days on Market4

Property Features for 3006 N John B Dennis Hwy

General Information

Standard status
Active
Size
37,380 SF
Property subtype
Shopping Strip

Building Details

Year Built
1991
Listing agency Marcus & Millichap - Washington, D.C.
Listed by Dean Zang · License #License(s): MD: 665335, VA: 0225239201
Source Marcusmillichap
Added: Jul 19 Updated: Jul 22 at 3:31PM Checked: Jul 22 at 3:31PM

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 Marcus & Millichap - Washington, D.C.


Investment Insights

Based on property information with market context.

This fully stabilized grocery-anchored retail center totals 37,380 square feet. The property is anchored by IGA, with Price Less Foods identified as ranking #2 statewide among IGA stores and operating at the location since 1990.

The center is located at 3006 N John B Dennis Hwy in Kingsport, Tennessee. The public remarks describe Kingsport as situated in the Tri-Cities region, with the Holston River and nearby attractions including Bays Mountain Park and a revitalized downtown district.

The offering is presented by Marcus & Millichap on behalf of ownership as a stabilized grocery-centered investment opportunity.

Key Highlights

  • 37,380 SF grocery‑anchored center built in 1991
  • IGA (International Grocery Association) has a 100‑year operating history with 763 locations across 38 states
  • Price Less Foods ranks #2 statewide among IGA stores with 361.6K annual customer visits

Property Analytics

Location Intelligence

Current Use by Public Records

Price Less Foods Discount Store Coin Laundry (Bike/Boat/Book/etc) Store Just Stuff Discount Store Eastman Credit Union ... Atm LibertyX Bitcoin ATM Atm

Suggested Use

Real Estate Agency Dental Office Restaurant Building Supply Big Box & Wholesale Store Law Firm Pharmacy Auto Parts Store Spa & Massage Center Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Shopping center - Fully stabilized grocery-anchored center featuring a long-tenured IGA/Price Less Foods operator.
Where is this shopping center located?
The property is located at 3006 N John B Dennis Hwy Kingsport, TN.
What is the asking price?
The asking price for this property is $2,533,708.
What are key features of this property?
This property features: 37,380 SF grocery‑anchored center built in 1991; IGA (International Grocery Association) has a 100‑year operating history with 763 locations across 38 states; Price Less Foods ranks #2 statewide among IGA stores with 361.6K annual customer visits
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