Eastman Road Commercial Retail Property

Retail-Commercial for Sale
Also listed as Shopping Center
Catylist Listing ID: 30571221
Property Subtypes: Free-Standing Building, Restaurant, Other
Building Size (RSF): 20,500 SF
Gross Building Area: See Agent
Gross Land Area: 1.95 Acres
Sale Price: $1,150,000
Unit Price: $56.10 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/12/2020

Overview / Comments

BACK ON MARKET - NEW LOWER PRICE! Exceptional Eastman Road Location! In busy retail and restaurant district, this 20,500 sq ft commercial/retail building on 1.96 acres fronts Eastman Road near East Stone Commons. This prime redevelopment corner is ideally situated between Stone Drive and Center Street with Chop House and Johnny Bruscos to the south and Starbucks, Panera Bread, Olive Garden, Chili’s, Cheddars, and Applebees to the north. Over 23,000 cars per day pass this site making it ideal for a new restaurant, bank or retail development. Central location allows for easy access to the mall, downtown Kingsport and Eastman Chemical Company campus. Contact agent to discuss options!

Additional Details

Nearest MSA: Kingsport-Bristol
County: Sullivan
Tax ID/APN: 082 047P B 01600 000 2017

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,050 38,141 73,724
Median Age: 47.2 43.72 43.97
Households: 3,654 16,810 31,920
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