6 Sheridan Square Listing Details & Market Data

6 Sheridan Square, Kingsport, TN 37660

  • For Sale $3,530,000
  • Property Type Office - General Office
  • Property Size 16,807 SF
  • Units 2
  • Lot Size 1.15 Acre
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 2008
  • Year Renovated 2023
  • Date Updated Jan 23, 2024
The property boasts a strong mix of medical use as well as a national office tenant providing a robust investment. The property is currently 100% occupied providing an excellent stabilized investment opportunity. Located 1.5-miles from Downtown Kingsport and less than 1-mile from I-26, Sheridan square has excellent accessibility.Interstate Realty Company is pleased to present an exclusive listing for Sheridan Square Building 6 located at 6 Sheridan Square in Kingsport, TN. The property consists of 16,807 total square feet of building space and sits on 1.15 acres of land. The site will hold a 10-year lease with the expanding Vein Company and a 5-year lease with national powerhouse DR Horton. Starting in year one, the Net Income will be $247,139.28 and jumping to $262,691 immediately for Year 2 of ownership.

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Attachments

Highlights

  • Class A Office & Medical Park
  • Stabilized: 100% Occupancy
  • Located Less Than 1/2 Mile From Eastman Chemical Company - One of TN's Largest Employers
  • Strong Demographics With 64,000+ People in a 5-Mile Radius
  • Current Market Vacancy Rate is a Low 4%
  • Parking Lot Striped October 2023
  • New NNN Leases (2022 & 2023)
  • Est. $500,000 Spent on Interior Remodeling in Last 2 Years
  • Located Next To Meadowview Convention Center - Includes Over 100,000 SF of Event Space

Contacts

broker

Chase Roswall

Interstate Realty Co.

(423) 612-2576

Location

Getting Around

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    Car-Dependent (33)

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  • City Kingsport, TN
  • Neighborhood Springdale
  • Zip Code 37660

Points of Interest

  • Kingsport Depot

    2.45 miles

  • BP

    0.39 miles

  • Mobil

    0.43 miles

  • Murphy Express

    2.33 miles

  • Shell

    3.41 miles

  • Conoco

    3.46 miles

  • Shell

    3.51 miles

  • Shell

    3.52 miles

  • Exxon

    3.52 miles

  • Kroger

    3.64 miles

  • Marathon

    3.65 miles

  • Truck parking

    1.87 miles

  • Car parking

    1.89 miles

  • Netherland Inn Parking

    3.50 miles

  • La Carreta

    0.30 miles

  • Burger King

    0.33 miles

  • Subway

    0.40 miles

  • The Meadows Restaurant

    0.41 miles

  • Hardee's

    0.45 miles

  • McDonald's

    0.45 miles

  • Wendy's

    0.46 miles

  • Arby's

    0.79 miles

  • Sloopy's Diner

    1.91 miles

  • Braeden's Barbeque

    1.92 miles

  • Douglas High School

    1.88 miles

  • Andrew Johnson School

    2.08 miles

  • Rock Springs Elementary School

    2.28 miles

  • Sullivan South High School

    2.30 miles

  • Abraham Lincoln Elementary School

    2.36 miles

  • Palmer Early Learning Center

    2.41 miles

  • Saint Dominics School

    2.54 miles

  • Dobyns-Bennett High School

    2.57 miles

  • Robert E Lee School

    2.64 miles

  • Higher Education Center

    2.69 miles

Contact Listing Broker

broker

Chase Roswall

Interstate Realty Co.

(423) 612-2576