1336 E Stone Dr | Kingsport, TN 37660
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1336 E Stone Dr
Kingsport, TN 37660
Retail Property For Sale
Investment Highlights
- 13.5 Years Remaining on a New 15-Year Ground Lease | No Landlord Responsibilities
- High-Quality Construction | Built in 2022
- Situated in a Dense Retail Corridor With Strong Visibility and Two Points of Ingress and Egress
- Ten-Percent (10%) Rent Increases in Years 6, and 11 | Average Cap Rate is 6.00% During Base Term | Four, Five Year Options with 10% Rent Increases
- One of a Kind Concept with a Double Drive-Thru for Speedy Service and Quality Products
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,391 SF
Building Class
B
Year Built
1986
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.67 AC
Zoning
CS - Commercial Services Zoning
Parking
10 Spaces (7.19 Spaces per 1,000 SF Leased)
Frontage
140 FT on E Stone Dr
Amenities
- Pylon Sign
- Drive Thru
PROPERTY TAXES
| Parcel Number | 082046L B 00710 | Improvements Assessment | $62,480 |
| Land Assessment | $170,560 | Total Assessment | $233,040 |
PROPERTY TAXES
Parcel Number
082046L B 00710
Land Assessment
$170,560
Improvements Assessment
$62,480
Total Assessment
$233,040
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