RENT REDUCED! Stone Drive Strip Center Restaurant

Retail-Commercial for Lease
Catylist Listing ID: 30263982
Property Subtypes: Restaurant, Street Retail
Contiguous Space: 5,000 SF
Gross Building Area: See Agent
Lease Rate: $10 - 12 PSF (Annual)
Base Monthly Rent: $4,166 - 5,000
Lease Types: NNN
Last Updated: 12/2/2018

Overview / Comments

NEW LOWER RATE! Great High Traffic Location! Approximately 5,000 square feet of prime restaurant space For Lease on Stone Drive in Kingsport. Situated on the end of Times Square Shopping Centre, the space was former California Mexican Grill and Bar. Lease rate is NOW $10/sq ft NNN for years 1 and 2 and years 3, 4 and 5 at $12/sq ft NNN. CAM rate is $2.50/sq ft.

This restaurant has been well maintained and in very good condition. Space has large dining area with bar and party room that seats 100 with additional covered outdoor dining.

Tenant is willing to sell their equipment, see attached detailed inventory list. Equipment currently in place are two large Vulcan gas stoves, a walk-in cooler and several wash/prep sinks.

Any interested parties will need to provide financial information and have business restaurant experience. Contact agent to discuss lease terms and for a space tour.

Expand All Available Space

Suite: Restaurant End Cap 5,000 SF $10 - 12 PSF (Annual) NNN
Space Available: 5,000 SF
Lease Rate: $10 - 12 PSF (Annual)
$4,166 - 5,000 (Monthly)
Lease Type: NNN
Date Available: 6/15/2018
Space Type: Relet

Additional Details

Nearest MSA: Kingsport-Bristol-Bristol
County: Sullivan

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,244 42,316 66,888
Median Age: 43.99 43.27 43.91
Households: 2,662 18,747 29,247
The information presented herein is provided as is, without warranty of any kind. Neither Northeast Tennessee Association of REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.