Town Park Plaza Retail Space - Exclusive!

Retail-Commercial for Lease
Also listed as Shopping Center, Office
Catylist Listing ID: 30348481
Property Subtypes: Restaurant, Street Retail, Other
Building Status: Under Construction
Contiguous Space: 1,400 - 7,200 SF
Gross Building Area: See Agent
Lease Rate: $20 PSF (Annual)
Base Monthly Rent: $2,333 - 12,000
Lease Types: NNN
Building Name: Town Park Plaza
Last Updated: 12/17/2018

Overview / Comments

Prime 7,200 sq ft restaurant and retail space now for lease at THE premier Kingsport development - Town Park Lofts and Plaza. A first for Kingsport, this project is the only one of its kind that brings residential lofts and retail together in the heart of the city. This project also is a qualified Opportunity Zone. This provides a very valuable tax benefits to business owners who lease and operate in the Town Park Plaza development. See attached Opportunity Zone brochure or contact agent for further details.

This space will have an all glass storefront with picturesque streetscape and open patio areas in popular walkable downtown community. Features of Town Park Plaza space includes:

• 7,200 sq ft space with flexible layout options to accommodate potential tenants
• Covered & uncovered outdoor seating area wrapping the exterior window line allowing for year-round dining
• Floor to ceiling 12' glass facing Clinchfield & Press Streets allowing for maximum natural lighting and views
• 12’ ceilings
• All utilities to be individually metered, including water/sewer, electric and natural gas
• Ample parking along Clinchfield and Press Streets with overflow available across the street at Chamber of Commerce
• Signalized and heavy trafficked intersection
• Exempt from Property Taxes from both County and City for 20
years

The Plaza retail project is expected to be a great addition to the $35 million 263 unit Town Park Lofts project. The first lofts are expected to be complete by December with the Plaza space projected opening in March 2019. See attached site plan, space plan and other items related to Town Park Lofts and Plaza.

This site is ideal for a bank, restaurant, specialty retail, coffee shop or other user desiring a prime and unique downtown location with a built-in customer base from both the lofts and the downtown community.

Expand All Available Space

Suite: Retail and Restaurant Space 7,200 SF $20 PSF (Annual) NNN
Space Available: 7,200 SF
Minimum Divisible: 1,400 SF
Lease Rate: $20 PSF (Annual)
$2,333 - 12,000 (Monthly)
Lease Type: NNN
Space Description: Space offered is unfinished but potential generous tenant improvement allowance depending on tenant strength and term.
Date Available: 3/1/2019
Space Type: New

Additional Details

Nearest MSA: Kingsport-Bristol-Bristol
County: Sullivan

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,882 38,760 65,236
Median Age: 37.82 43.42 43.7
Households: 3,906 17,328 28,639
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