Ignite FB Tracking Pixel115 E Market St, Kingsport, TN 37660 - Brian Flanary
Caudill Properties, Inc.
Brian Flanary, Caudill Properties, Inc.Phone: (615) 806-4896
Email: [email protected]
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listing
1 of 3
CommercialFor Sale
$929,000
115 E Market St
Kingsport, TN 37660
Listed by: SVN Accel Commercial Real Estate, 6155680167
MLS: RealTracs
7,401Sq Ft
Est. Mortgage
$4,895/mo

3 historically preserved brick buildings offered at a 9% Cap Rate based on existing net income **115 E Market St. 117 E Market St. *** Partially occupied buildings, one suite in 115 E Market is currently being renegotiated NNN lease 5 year term. Tenant mix consists of a variety of retail tenants including a Cafe shop, Anchor Dispensary, Gift Shop, Pet Spa. Total square foot is 16,627 SF, total rentable square foot is 7,401SF. Both Buildings have been fully redeveloped and is part of a broader value add / redevelopment portfolio located in the historic downtown Kingsport, TN region. Portfolio consists of 18 buildings totaling 219,294 SF priced at $81.28/SF and all centrally located in downtown Kingsport. Ownership is open to partial portfolio, or individual asset sales. Buildings also sit in an Opportunity Zone. Great opportunity to invest early in a growing downtown area.

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Information courtesy of SVN Accel Commercial Real Estate is subject to verification and is not guaranteed.
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