University Square Center

Shopping Center for Sale
Catylist Listing ID: 30761439
Property Subtypes: Community Center, Other
Building Size (RSF): 45,600 SF
Gross Land Area: 5 Acres
Sale Price: $2,500,000
Unit Price: $54.82 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 6/15/2022

Overview / Comments

FOR SALE—45,600SF Shopping Center setting on 5.0 Acres. Excellent location in
West Kingsport, TN. Built in 1984 the building features Brick exterior, 200 parking
Spaces, New roof on most of building, loading docks, Marque Pole Sign in Front,
Plus more. Adjacent Out parcels feature Arby’s, WalGreens, Liquor Store,
Advance Store.

Additional Details

Nearest MSA: Kingsport-Bristol
County: Sullivan
Zoning: B-3
Retail Clientele: General
Property Visibility: Good
Largest Nearby Street: Highway 11-W
Total Number of Buildings: 1
Property Condition: Average
Year Built: 1984
Construction/Siding: Brick

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,016 18,817 44,834
Median Age: 35.05 43.15 41.86
Households: 1,297 8,057 19,403


Photograph of Listing Agent

John Moody

Blue Ridge Propertie
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