2101 Fort Henry Dr Kingsport, TN 37664
- Super regional malls
- 470,239 SF
Current Use by Public Records
- Spencer's / Jewelry Store / Lingerie Store
- Fort Henry Mall / Shopping Mall
- Kay Jewelers / Jewelry Store / Diamond Dealer
- NCG Cinemas - Kingsport / Movie Theater
- Bath & Body Works / Beauty Supply Store / Gift Basket Store
Property Details for 2101 Fort Henry Dr
- Year built
- 1976
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Property size
- 470,239 SF
- Property type
- Super regional malls
- APN
- 082061E H 01200 001
- APU
- 082061EH01200001
Description
Fort Henry Mall in Kingsport, Tennessee offers exceptional retail space for lease. This vibrant shopping center boasts a total of 433,175 square feet and currently has four available inline and restaurant spaces ranging from 1,790 square feet to 12,986 square feet, providing flexibility for various business needs. The mall features a diverse tenancy, creating a strong synergy and high foot traffic. A significant boost to the mall's appeal is the recently announced arrival of an IMAX theater and a Rural King store, promising increased customer volume and enhanced visibility for tenants. This strategic location in Kingsport, TN presents a unique opportunity for businesses seeking to establish or expand their presence in a thriving retail environment. The available spaces are ideal for a variety of retail concepts, including restaurants, and offer excellent potential for growth and profitability. The property's size and diverse tenant mix create a dynamic shopping destination, ensuring high visibility and accessibility for prospective businesses. This is a prime opportunity to secure a space in a rapidly developing retail center with significant future growth potential. Interested parties are encouraged to inquire about lease terms and availability for these exceptional retail spaces. The combination of existing tenants and the upcoming additions of an IMAX and Rural King makes this a truly compelling investment opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $295,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $350,000
- 6.5%
- $360,000
- 7%
- $405,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $420,000
- Geo Method
- $445,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $405,000
- Retail
- $325,000
- Mixed-Use
- $435,000
- Hospitality
- $410,000
- Educational
- $420,000
- Residential Income
- $420,000
- Energy
- $355,000
- Income-Based Land
- $355,000
- Food Service
- $330,000
Location Insight
- Map
- Local Demand
- City
- Kingsport
- County
- Sullivan
- State
- Tennessee
- Longitude
- -82.521
- Latitude
- 36.5286
- CBSA code
- 28700
- CBSA name
- KINGSPORT-BRISTOL-BRISTOL, TN-VA METROPOLITAN STATISTICAL AREA