5215 Memorial Blvd is aretail property for lease in Kingsport, TN.
Established 47,000 sq ft neighborhood shopping center on 4.5 acres on Memorial Blvd. in Kingsport. Three long term tenants in place - CVS, Dollar General and a barber shop. Only vacant space is the 29,500 sq ft grocery/department store space. Building is sprinkled. Large level lighted parking lot with 140 spaces including door front and ADA spaces. Estimated annual income is $98,750 based on an 11% cap rate. Located within 10 miles of downtown Kingsport and 5 miles to I-81, Exit 66. Street level photos to follow soon. Contact listing agent for further details and financials.