1920 N Eastman Rd Kingsport, TN 37664
For Lease
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This exceptional 7,100 square foot restaurant property presents a unique investment opportunity in Kingsport, Tennessee. Located at 1920 N Eastman Rd, this single-tenant building sits on a sizable 1.7-acre lot, offering significant visibility and accessibility. The property boasts a prime location within a dense retail corridor along N. Eastman Road, which experiences over 21,000 cars per day. The high traffic count, coupled with limited vacancy in the area and difficult barriers to entry, creates a strong foundation for future success. The property includes ample parking with 138 spaces, ensuring convenient access for patrons. A prominent pylon sign is available, enhancing visibility and brand recognition. The convenient ingress and egress, situated at a signalized intersection, further improves accessibility. This location benefits from close proximity to major retailers, residential areas, and a high school, providing a diverse customer base. The property's annual taxes are $3.22 per square foot. This turnkey restaurant space is ready for immediate occupancy and presents a compelling opportunity for a variety of food service concepts.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.