Kingsport, TN Office Property For Sale

PRICE REDUCED! The showcase of downtown Kingsport! These six historical structures have been completely rebuilt into an appealing office/retail complex at the corner of Main and Broad Streets. Original brick facade. Current tenants include a mix of specialty retail, professional, legal and financial firms. Located across from historic train depot, home of Kingsport Chamber of Commerce. Kingsport's proposed Centennial Park is planned for the corner across and opposite this property. See link for further details. The downtown area is experiencing a Join other businesses making the move to downtown Kingsport and reviving former industrial buildings to a contemporary commercial or retail location.

New Kingsport Commercial Listing SALE or LEASE Looking for the perfect office space? This location is filled with over 2,636 SF/ 20 offices, 20 parking spaces, 2 reception areas along with a completely separated office space that could be leased out if desired. This is located right near the TN/ VA state line right off of Center Street in Kingsport. ??

Private Remarks: For Sale or Lease $3,100 monthly

Investment Opportunity! Broker Glenn Perkins and TCI Group - Jerry Petzoldt Agency are pleased to present to all qualified investors the opportunity to acquire a 100% fee simple interest in the single tenant Aspen Dental (the “Property”) located along busy East Stone Drive in Kingsport, Tennessee. This Aspen Dental occupies a 4000 square foot building that was constructed in 1999 and remodeled to fit Aspen Dental specifications in 2010 and sits on 0.53 acres.

Aspen Dental is operating under the original (10) year lease that commenced in June of 2010, leaving 6 months of the original lease term remaining. The first amendment to the original lease has been executed on June 29, 2020 with Aspen Dental exercising the first 5-year option to renew and commences on January 1, 2021. The lease offers generous rental increases every 5 years and three (3), five (5) year renewal options remain. The NN lease is very Landlord friendly with the Tenant being responsible for reimbursing all expenses except for roof and structure.

Due to the impact of COVID-19, the landlord agreed to forbear 100% of the tenant's obligation to pay the monthly Minimum Rent on the first of the month for the months of April and May 2020, as well as 50% of the Minimum Rent for the month of June 2020. Tenant shall resume the regular and timely payment of Minimum Rent on July 1, 2020. The total deferred monthly Minimum Rent equals $22,916.68 which will be amortized and paid back by tenant to landlord in 5 monthly payments of $4,583.34 per month, which shall be payable together with monthly base rent on the first day of each month beginning August 1, 2020 until the deferred rent is paid in full. Contact Glenn to discuss this unique opportunity!

Investment Highlights

• Newly executed Lease extension effective January 1, 2021

• Located in Primary Retail Corridor

• Strong local demographics

• Corporate Guaranty

• Expanding National Tenant

• Ecommerce-Proof Tenant

• Well established operation

• 80-foot Pylon sign along East Stone Drive

• Six months Remaining on an Original 10 Year NN+ Lease

• More than 800 locations in 42 states

- Offices and warehouse space

- 4 restrooms

- Carpet in offices

- VCT in warehouse

- Bay door

Space is available for sale or lease at Kingsport's premier office park, Sheridan Square. The suite is the entire 2nd floor of a 2-story building with ground-floor, drive-up access, client entrance and 2 employee entrances. The space includes a lobby, reception desk, large break room, small galley kitchen, large training room, conference room, 9 offices, open space for cubicles, large men's and women's restrooms and an employee restroom. 7 of the offices have separate meeting space attached that could be divided to create additional offices. The training room has drop-down screens, audio and an accordion wall that can split the space.

From I-26: Take exit 3, then travel northeast on Meadowview Pkwy. At the traffic light, continue straight to enter the office park, then turn right. Subject will be on the left - look for building Six.

Located in the heart of Kingsport, This Medical Office space is perfect and ready to go! It was previously used for a dental office and has 3 treatment rooms, kitchen area, lab area, an office with private bath and 2 public restrooms. It has a beautiful lobby and area for receptionist. There is 1500SF Finished on main level and 1000SF unfishished basement for storage, vehicles, etc. with garage door.

This office building has tons of visibility

Exceptional Professional Office Building For Sale! This downtown Kingsport 2-story 8,670 sq ft brick building is ideal for owner occupied investment. First floor is currently set up as 3 individual office suites but could easily be adapted for a single user. Second floor is one large office area. Attractive interior with open entrance foyer with hardwood staircase. Large level parking lot with 35 spaces including door front spaces. Excellent visibility on Main Street between Broad Street and Shelby Street next to historic train station and depot and new Centennial Park.

Located in the heart of the historic downtown district of Tennessee's 5th fastest growing city and the unique Academic Village area. For more on Kingsport and it's impressive progress, see link for 2018 State of the City report. Contact agent for further details and property tour.

NEW REDUCED PRICE! Owner Motivated! Great Lynn Garden commercial property consisting of 5,300 sq ft in two commercial buildings. The buildings are the former Lynn Garden Post office (approximately 2000 sq ft) and the neighborhood Region Bank location (bank is 2860 sq ft and separate drive through building is 468 sq ft). The Post Office suite and bank suite are separated by a wall and can be enlarged to be an effective 4,832 sq ft.

Property can be accessed via Lynn Garden Drive or Walker Street. Large paved parking area to side and rear of building. Good location in established Kingsport neighborhood on busy commuter route. Sunoco c-store next door and Pal's just across the highway and McDonalds nearby. Ideal for many professional services including medical, banking, insurance, engineering, financial or other professional office or service business. Note that the Lynn Garden sub market of Kingsport is underserved; no financial institution or medical practice currently in this neighborhood.

Commercial building located on East Sullivan street in downtown Kingsport, TN

Building features 8750 sf, several offices, garage door open to alley beside building. Building needs to be renovated and would be great for retail, general / professional offices, and also lofts upstairs, plus other uses.

NEW LOWER PRICE! Professional office complex consisting of two glass towers with three floors each and a three floor connecting building on 2.2 acres. Left tower is named Four Executive Park Place and right tower is named Three Executive Park Place. Entire property address is 999 Executive Park Blvd. In established executive business park at highly travelled intersection of Stone Drive and John B. Dennis Hwy in Kingsport, TN.

NEW LOWER PRICE! Professional office complex consisting of two four-story glass office towers and one floor office building connecting towers on 2.1 acres. Left tower is named One Executive Park Place with an address of 1999 East Stone Drive and right tower is named Two Executive Park Place with an address of 1989 East Stone Drive. Entire property address is 1989-1999 East Stone Drive. Easy access at signaled corner with large paved parking area with 133 parking spaces. In established executive business park at highly traveled intersection of Stone Drive and John B. Dennis Hwy in Kingsport, TN.

Attractively updated 2,535 sf 2-story office building in historic downtown Kingsport. Nicely renovated with 1st floor having 1,500 sf with a 1,035 sf mezzanine. Located near the corner of Main Street and Shelby Street across from Kingsport Academic Village. Contact agent to view property.