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    FOR LEASE
    Medical Office Space

    105 W Park Dr, Kingsport, TN 37660

    43,584 SF 1.93 ac lot Built 1990
    Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US80-0582253
    Property summary
    AI-generated overview

    This exceptional Class B medical office building, situated on the Ballad Health Holston Valley Medical Center campus in Kingsport, Tennessee, presents a unique investment opportunity. The property, located at 105 West Park Drive, zip code 37660, offers a total of 44,503 square feet of space, currently featuring three suites. A significant portion of the building, totaling 25,749 square feet, is currently vacant and available for lease. The flexible space caters to various medical office needs, with a minimum divisible space of 3,946 square feet and a maximum contiguous space of 11,803 square feet. The building is well-maintained and offers ample on-site parking, providing convenient access for patients and staff. Its prime location within a densely populated area ensures high visibility and accessibility, with easy access to major highways. This property is ideal for medical practices seeking a well-established presence within a thriving healthcare community. The building's flexible layout and ample square footage provide opportunities for expansion or consolidation, making it a versatile option for various medical businesses. The property is located in Sullivan County, Tennessee. This is a rare opportunity to secure a prominent location within a highly sought-after medical corridor.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1990
    Total area 43,584 SF
    Lot 1.93 ac (84,071 SF)
    APN 082046G F 00500
    UPID US80-0582253
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Dr. Octavio Pinell Physician
    • Tammy Baird Medical Clinic
    • Dr. Nicole Long Physician
    • Dr. Mark Withrow Physician
    • John Hereford Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.36M
    Blend (final) Blend
    $1.64M
    Owner & transaction history
    Aw West Park LLC · 5 yrs held
    Aw West Park LLC
    since 2021
    6 recorded transactions
    2021
    $8.0M
    2018
    $550,000
    2013
    2008
    $3.4M
    1996
    $40,000
    1994
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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