REDUCED! Town Park Retail/Restaurant - 6 Months Free Rent

Retail-Commercial for Lease
Also listed as Shopping Center
Catylist Listing ID: 30631664
Property Subtypes: Convenience Store, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Contiguous Space: 4,200 SF
Building Size (RSF): 349,926 SF
Gross Building Area: See Agent
Gross Land Area: 6.87 Acres
Lease Rate: $16 PSF (Annual)
Base Monthly Rent: $5,600
Lease Types: NNN
In Opportunity Zone? Yes
Building Name: Town Park Lofts
Last Updated: 6/22/2022

Overview / Comments

Street-level space is available for lease in the brand-new, premier Town Park Lofts mixed-use development with 263 apartment units as a built-in customer base. The space features a wet sprinkler system, covered outdoor dining area and a 2,500-gallon grease trap and chase for hood system in place. Vanilla box is included in the base rent. Additional TI package is negotiable and the space can be subdivided. Landlord will amortize additional improvements.

The site is located in Kingsport's vibrant downtown district across from Kingsport Chamber of Commerce, Kingsport City Schools headquarters, Kingsport Farmers Market and The Press Building, a large professional/medical office building.

From I-26: Take exit 1, then travel east on W Stone Dr/Hwy 11W. In approx. 0.8 miles, turn right onto Donelson Dr. Continue onto W Sullivan Street. Subject will be on the left at the intersection of Clinchfield St.

Expand All Available Space

Suite: NA 4,200 SF $16 PSF (Annual) NNN
Level/Floor: 1
Space Available: 4,200 SF
Lease Rate: $16 PSF (Annual)
$5,600 (Monthly)
Lease Type: NNN
Space Description: Street-level space in the new, premier Town Park Lofts mixed-use development with 263 apartment units as a built-in customer base

Covered outdoor dining area

2,500 gallon grease trap & chase for hood system in place

Wet sprinkler system
Date Available: 7/15/2020
Space Type: New
Rent Concession 6 months free rent $50/SF Tenant Improvement Allowance
Tenant Improvements Allowance $20

Additional Details

Nearest MSA: Kingsport-Bristol
County: Sullivan
Tax ID/APN: 082 046I A 00700 000 2019
Zoning: B-2
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Visibility: Good
Largest Nearby Street: Clinchfield St
Traffic/Vehicle Count: 4,595
Highway Access: I-26
Airports: Tri Cities Regional Airport
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 4
Property Condition: Excellent
Year Built: 2019
Parking Type: Surface
Sprinklers: Wet

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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


Photograph of Listing Agent

Marc Murphy, CCIM

Mitch Cox Realtor, Inc. NETAR CMLS Member
Photograph of Listing Agent

John Speropulos, CCIM, SIOR

Mitch Cox Realtor, Inc. NETAR CMLS Member
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