1989 E Stone Dr Kingsport, TN 37660
For Sale
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This Class A, 23,000 square foot office building in Kingsport, Tennessee, is available for sale. Located at 1989 East Stone Dr., this four-story, 1.22-acre property offers a unique opportunity for owner-users or investors. The building, constructed in 1987, boasts a striking all-glass design and a highly visible corner location at a major intersection (SR-93 & US-11 interchange), experiencing 43,901 vehicles per day. With 70 surface parking spaces, the property is ideal for a variety of uses, including corporate headquarters, R&D, medical, high-tech, executive suites, or government/institutional offices. The asking price is $699,000 ($28.04/sq ft), and the building is currently vacant, with an occupancy date of September 1, 2022. The property's prime location within the Tri-Cities MSA's primary retail corridor ensures high traffic and excellent visibility. Its flexible layout makes it suitable for a range of businesses seeking a prestigious and easily accessible location. The neighboring anchor tenant is New People's Bank. All information should be verified by the buyer.
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Wellmont Hospitalists Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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