4 Sheridan Sq Kingsport, TN 37660-7435

Property Details for 4 Sheridan Sq

Year built

2006

Lot size

1.56 lot acres

Property size

13,272 SF

Property type

Specialty properties

APN

082076H A 00120C000

APU

082076HA00120C000

Description

This exceptional investment opportunity presents a stabilized, multi-tenant office portfolio situated in Kingsport, Tennessee's premier office park. The property comprises three Class B buildings totaling 90,723 square feet, constructed between 2008 and 2010, and currently boasting a 91% occupancy rate. The diverse tenant mix includes both local medical practices and national office tenants, ensuring a robust and stable income stream. The property features 160 parking spaces and sits on a 6.1-acre lot. Its prime location offers excellent accessibility, being just 1.5 miles from downtown Kingsport and less than one mile from Interstate 26. The lease structure is NNN, and the property is offered for sale by owner. This is a rare opportunity to acquire a well-maintained, high-performing office complex in a desirable location with strong tenant occupancy and a proven track record. The property is ideal for investors seeking a stable, cash-flowing asset in a growing market. The buildings are suitable for both medical and traditional office uses, providing flexibility and diversification for future tenants. This is a turnkey investment ready for immediate ownership. The property's location and tenant base provide a strong foundation for long-term growth and profitability.