Pizza Hut Stewball Circle

Retail-Commercial for Sale
Catylist Listing ID: 30335985
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 3,403 SF
Gross Building Area: See Agent
Gross Land Area: 1.02 Acres
Sale Price: $720,000
Unit Price: $211.58 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: 7.0%
Last Updated: 7/11/2019

Overview / Comments

JUST REDUCED - ATTENTION INVESTORS! Pizza Hut just renewed another 10 year lease at this free standing restaurant built in 2002 on 1.02 acres. Located just off I-26 at Wilcox Drive / John B Dennis Hwy area of Kingsport. Super high commuter traffic route at this exit to/from I-26 to Eastman Chemical Company and Stone Drive retail district. Busy commercial area with Holiday Inn Express and McDonald's in immediate vicinity and Hampton Inn, Quality Inn and Comfort Suites very near by. Established neighborhoods surround this location including Sullivan Gardens and Moreland Drive areas. Great Investment, Excellent Financials! Lease details and financials available to serious inquiries only. No owner/landlord expenses. True NNN lease. Contact listing agent for further details.

Additional Details

Nearest MSA: Kingsport-Bristol
County: Sullivan
Tax ID/APN: 076 019.20
Retail Clientele: General, Family, Traveler, Tourist
Property Visibility: Excellent
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 594 28,791 67,679
Median Age: 39.58 44.98 43.61
Households: 253 12,710 29,284
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.