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2060 Fort Henry Dr

13,416 SF of Office/Retail Space Available in Kingsport, TN 37664

Highlights

  • Providing an excellent opportunity for businesses looking to establish a prominent presence in the area.
  • Offering convenience and accessibility, the drive-thru feature adds value for businesses with specific operational requirements.
  • A prominent pylon sign enhances visibility, ensuring the property stands out in the bustling commercial landscape.
  • Frontage to more than 20,000 VPD on Fort Henry Drive and readily accessible to anywhere.

Space Availability (1)

Display Rent as

  • Space
  • Size
  • Term
  • Rent
  • Service Type
  • 1st Floor
  • 13,416 SF
  • 10 Years
  • £12.52 /SF/PA £1.04 /SF/MO £134.76 /m²/PA £11.23 /m²/MO £167,958 /PA £13,996 /MO
  • Triple Net
Space Use
Office/Retail
Condition
Full Build-Out
Availability
Now

The 13,416 SF on the first floor is thoughtfully designed for office or retail use, allowing for flexible occupancy options.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Professional Services Office
  • Mostly Open Floor Plan Layout
  • Fits 34 - 108 People
  • Space is in Excellent Condition
  • Ideal for medical use, restaurant or food service.
  • Currently restricted uses from dental & banking .
Space Size Term Rent Service Type
1st Floor 13,416 SF 10 Years £12.52 /SF/PA £1.04 /SF/MO £134.76 /m²/PA £11.23 /m²/MO £167,958 /PA £13,996 /MO Triple Net

1st Floor

Size
13,416 SF
Term
10 Years
Rent
£12.52 /SF/PA £1.04 /SF/MO £134.76 /m²/PA £11.23 /m²/MO £167,958 /PA £13,996 /MO
Service Type
Triple Net
Space Use
Office/Retail
Condition
Full Build-Out
Availability
Now

The 13,416 SF on the first floor is thoughtfully designed for office or retail use, allowing for flexible occupancy options.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Professional Services Office
  • Mostly Open Floor Plan Layout
  • Fits 34 - 108 People
  • Space is in Excellent Condition
  • Ideal for medical use, restaurant or food service.
  • Currently restricted uses from dental & banking .

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

PROPERTY FACTS FOR 2060 Fort Henry Dr , Kingsport, TN 37664

Property Type Retail
Property Subtype Bank
Gross Internal Area 13,416 SF
Year Built 1998
Parking Ratio 2.68/1,000 SF

About the Property

Constructed in 1998, the property boasts a Building Class B designation, ensuring a solid foundation for diverse business uses. Its strategic location in the GC - Commercial zone, spanning 1.89 acres, offers versatility for potential investors, whether for an owner-user or as part of an investment portfolio. The building's unique offering includes a ground lease option, providing additional flexibility for potential investors. The property's frontage of 171 feet on Fort Henry Dr ensures visibility and accessibility, contributing to its appeal for businesses seeking a strategic location. The building's unique offering includes a ground lease option, providing additional flexibility for potential investors. The property's frontage of 171 feet on Fort Henry Dr ensures visibility and accessibility, contributing to its appeal for businesses seeking a strategic location. Beyond its immediate attributes, the property capitalizes on its location's growth potential. With a population set to increase by 2.9% from 2023 to 2028 and a projected consumer spending of over $1.1 billion in 2028, the property aligns with the dynamic economic landscape of Kingsport.

  • Banking
  • Pylon Sign
  • Drive Thru
  • Air Conditioning

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
7,670
31,318
72,661
85,965
2029 Population
7,916
32,470
75,288
89,115
2024-2029 Projected Population Growth
3.2%
3.7%
3.6%
3.7%
Median Age
42.0
43.7
44.0
44.5
College Degree + Higher
18%
26%
25%
16%
Daytime Employees
3,980
40,860
48,151
52,157
Total Businesses
469
3,228
4,235
4,540
Average Household Income
$52,497
$65,730
$68,120
$69,688
Median Household Income
$32,071
$37,345
$42,876
$43,775
Total Consumer Spending
$79.9M
$360.1M
$869.2M
$1B
2024 Households
3,511
13,982
31,631
37,188
Average Home Value
$139,637
$202,161
$212,223
$217,699
$ values in USD

Nearby Major Retailers

Truist
First Horizon Bank
Starbucks
Food City Pharmacy
7 Brew Coffee
  • Listing ID: 23572181

  • Date on Market: 02/07/2021

  • Last Updated:

  • Address: 2060 Fort Henry Dr, Kingsport, TN 37664

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