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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
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
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 | Year Built | 1998 |
Property Subtype | Bank | Parking Ratio | 2.68/1,000 SF |
Gross Internal Area | 13,416 SF |
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
Nearby Major Retailers
Presented by
2060 Fort Henry Dr
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