Town Park Plaza Space - HALF NOW LEASED!

Retail-Commercial for Lease
Also listed as Shopping Center, Office
Catylist Listing ID: 30348481
Property Subtypes: Mixed Use, Restaurant, Street Retail, Other
Building Status: Under Construction
Contiguous Space: 1,400 - 4,200 SF
Gross Building Area: See Agent
Lease Rate: $20 PSF (Annual)
Base Monthly Rent: $7,000
Lease Types: NNN
In Opportunity Zone? Yes
Building Name: Town Park Plaza
Last Updated: 5/20/2020

Overview / Comments

Select Your Space and Choose Your Interior! One suite now leased with 4,200 sq ft PRIME retail, restaurant or office space still available at THE premier Kingsport development - Town Park Lofts and Plaza. Loft apartments are filling up so now's the time to make your move to downtown! A first for Kingsport, this project is the only one of its kind that brings residential lofts and retail together in the heart of the city.

The Plaza commercial portion is complete with tenant specific interiors to be determined. This space has an all glass storefront with picturesque streetscape and open patio areas in popular walkable downtown community. Features of Town Park Plaza retail space includes:

• 4,200 sq ft space with flexible layout options to accommodate potential tenants
• Covered & uncovered outdoor seating area wrapping the exterior window line allowing for year-round dining
• Floor to ceiling 12' glass facing Clinchfield & Press Streets allowing for maximum natural lighting and views
• 12’ ceilings
• All utilities individually metered, including water/sewer, electric and natural gas
• Ample parking along Clinchfield and Press Streets with overflow available across the street at Chamber of Commerce
• Signalized and heavy trafficked intersection
• Exempt from Property Taxes from both County and City for 20 years

The majority of the apartments are complete and quickly being occupied. See attached site plan, space plan and other items related to Town Park Lofts and Plaza. Additional highly detailed site and architectural plans available upon request.

This project also is a qualified Opportunity Zone. This provides a very valuable tax benefits to business owners who lease and operate in the Town Park Plaza development. See attached Opportunity Zone brochure or contact agent for further details.

This location is ideal for a bank, restaurant, specialty retail, coffee shop or other user desiring a prime and unique downtown location with a built-in customer base from lofts residents, downtown businesses, governmental and educational communities and the vast Kingsport area population.

Expand All Available Space

Suite: Retail and Restaurant Space 4,200 SF $20 PSF (Annual) NNN
Space Available: 4,200 SF
Minimum Divisible: 1,400 SF
Lease Rate: $20 PSF (Annual)
$7,000 (Monthly)
Lease Type: NNN
Space Description: Space offered is unfinished but potential generous tenant improvement allowance depending on tenant strength and term.
Date Available: 5/1/2020
Space Type: New

Additional Details

Nearest MSA: Kingsport-Bristol
County: Sullivan
Tax ID/APN: 082 046I A 00700 000 2017

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,882 38,760 65,236
Median Age: 37.82 43.42 43.7
Households: 3,906 17,328 28,639
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.