Sunoco-Branded Gas
4101 FORT HENRY DR, Kingsport, TN 37663
For Sale
Contact for pricing
The sale includes the operating convenience-store business, underlying real estate, fuel equipment, and store fixtures.
Property Size3,040 SF
Lot Size0.43 Acres
Price / SF$294.41
Days on Market10
Property Features for 4101 FORT HENRY DR
General Information
Standard status
Size
Lot size
Property subtype
Financials
Asking Price
Business Included
Site & Location
Highway Access
Road Access
Automotive
Automotive Uses
Convenience Store
Fuel Brand
Fuel Supply Obligation
Tenancy & Operations
Currently Operating
Real Estate Included
Building Details
Buildings
Listing Agency:
10 Commercial Properties
Listed By:
Randy Bable · License TN #340077
(865) 216-8011
Source:
Crexi
Added: Nov 3
Changed: Nov 10
Last Checked: Nov 12 at 6:11AM
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 10 Commercial Properties
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This operating Sunoco-branded gas station and convenience store is offered with the business and the real estate. The approximately 3,040-square-foot store occupies a 0.43-acre parcel and sells groceries, refrigerated drinks, snacks, beer, tobacco, vape products, and other convenience items. The sale also includes two seller-owned fuel dispensers, four underground storage tanks, retail shelving, refrigerated display cases, fixtures, and other seller-owned equipment. Lottery commissions, ATM services, and coin-operated equipment provide additional business activities. Fuel is supplied through GPM Petroleum under an agreement with approximately six years remaining that is transferable to a new owner.
The property is at 4101 Fort Henry Drive in Kingsport, along a commercial corridor described as serving local residential and business traffic. Interstate 81 at Exit 59 is approximately one mile away. The offering combines the existing store operation, fuel infrastructure, equipment, land, and building.
The property is at 4101 Fort Henry Drive in Kingsport, along a commercial corridor described as serving local residential and business traffic. Interstate 81 at Exit 59 is approximately one mile away. The offering combines the existing store operation, fuel infrastructure, equipment, land, and building.
Key Highlights
- Operating Sunoco‑branded fuel station and convenience store, with business and real estate included
- Approximately 3,040 square feet on a 0.43‑acre parcel
- Two seller‑owned fuel dispensers and four underground storage tanks
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,970
Cap Rate
5.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$939,400
$939.4K
Cap Rate 7%
$671,000
$671.0K
Cap Rate 9%
$521,889
$521.9K
Market Conditions
NOI Build-Up for 3,040 SF
Gross rent
$70.0K $23.04/SF
− Vacancy
−$2.9K −$0.97/SF
EGI
$67.1K $22.07/SF
− OpEx
−$20.1K −$6.62/SF
NOI
$47.0K $15.45/SF
Area
Sullivan County, TN
Vacancy
4.20%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$939,400
Cap Rate 7%
$671,000
Cap Rate 9%
$521,889
Alternative Uses
Best Use
Retail
$671.0K
$587.1K – $782.8K
NOI $46,970 @ 7.0% cap · market cap 5.25%
Second Best
Specialty Retail
$459.3K
$401.9K – $535.8K
NOI $32,148 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$1.14M
$996.1K – $1.33M
NOI $79,690 @ 7.0% cap · market cap 8.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
424
Businesses Nearby
32k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 100%
Ingles
Groceries
32,432 visits/mo
0.4 miles
Demographics for 37663, TN
14,392
Population
6,679
Households
2.2
Avg Household Size
47
Median Age
34%
College-Educated
95%
High-School Grad
25.8 sq mi
ZIP Area
558
Density / Sq Mi
$76,122
Median Household Income
$45,399
Median Earnings
$886
Median Rent
$224,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Gas station - The sale includes the operating convenience-store business, underlying real estate, fuel equipment, and store fixtures.
Where is this gas station located?
The property is located at 4101 FORT HENRY DR Kingsport, TN.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Operating Sunoco‑branded fuel station and convenience store, with business and real estate included; Approximately 3,040 square feet on a 0.43‑acre parcel; Two seller‑owned fuel dispensers and four underground storage tanks
