2400 Stone Dr Kingsport, TN 37660
- Commercial real estate
- 29,870 SF
- 4.51 lot acres
Current Use by Public Records
- Cato Fashions / Women'S Clothing Store
- Metro by T-Mobile / Cell Phone Store / Cell Phone Accessory Store
- GameStop / Video Game Store / Collectibles Store
- China Star Buffet / Chinese Restaurant / Buffet Restaurant
- Dollar Tree / Kitchen Supply Store / School Supply Store
Property Details for 2400 Stone Dr
- Year built
- 2002
- Lot size
- 4.51 lot acres
- Property size
- 29,870 SF
- Property type
- Commercial real estate
- APN
- 082045G H 00100
- APU
- 082045GH00100
Description
This thriving Kingsport, TN retail center, Jennings Farm, offers two exceptional end-cap spaces for lease. Located at 2400 W Stone Dr, 37660, this 4.9-acre property boasts a total of 26,877 square feet and nine suites. Currently, 3,900 square feet is available, divided into two spaces: a 2,800-square-foot end-cap, previously occupied by HR Block (now relocating within the center), and a 2,100-square-foot end-cap, formerly housing GameStop. The property benefits from strong existing tenancy, including Dollar Tree, Cato, a relocated HR Block, Smart Cuts, Nail & Wax, China Star, Tobacco & Vape, and an Eastman Credit Union ATM. This prime location offers excellent visibility and accessibility, making it an ideal opportunity for businesses seeking high-traffic exposure. The property is classified as a commercial strip center with multiple tenancies. Minimum leasable space is 2,100 square feet, with a maximum contiguous space of 2,800 square feet. This presents a unique chance to establish a presence in a well-established and successful retail environment. The property's location in Kingsport, Tennessee, provides access to a robust local market and convenient access to major transportation routes.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,365,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,465,000
- 6.5%
- $4,710,000
- 7%
- $5,105,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,990,000
- Geo Method
- $4,425,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,005,000
- Retail
- $4,575,000
- Mixed-Use
- $4,210,000
- Hospitality
- $4,990,000
- Educational
- $5,270,000
- Residential Income
- $5,860,000
- Energy
- $4,590,000
- Income-Based Land
- $5,015,000
- Food Service
- $4,395,000
Location Insight
- Map
- Local Demand
- City
- Kingsport
- County
- Sullivan
- State
- Tennessee
- Longitude
- -82.6004
- Latitude
- 36.5563
- CBSA code
- 28700
- CBSA name
- KINGSPORT-BRISTOL-BRISTOL, TN-VA METROPOLITAN STATISTICAL AREA
