10384 Wallace Alley Street, Kingsport, TN 37663
Not In Subdivision · Sullivan County
Key Facts
Description
Looking for a turn-key investment in the heart of the Tri-Cities? Don't miss this one! Offering 8,000± square feet of industrial space, this property is secured by a NNN lease with Trane U.S. Inc., a nationally recognized HVAC leader with over 15 years of operating history at this location. Currently delivering approximately $75,600-$79,360 in annual NOI, this corporate-backed lease runs through August 2028, providing stable income with built-in rental growth and renewal potential. Zoned MX (Mixed Use), this flexible zoning designation allows for a wide range of industrial, distribution, logistics, and service-based uses-- creating long-term adaptability and value beyond the current tenancy. Strategically positioned in the Wallace Alley industrial corridor near the Tri-Cities Airport with convenient access to I-81, this centralized location supports efficient regional service routes, distribution operations, and light industrial users alike. Whether you're an investor seeking predictable cash flow, a 1031 buyer looking to secure credit-backed income, or an operator planning for future occupancy, this asset offers flexibility, functionality, and long-term positioning in one of the region's most accessible industrial pockets. Priced to sell, this property will not last long at $1.195- call today to schedule your appointment! All information contained herein is collected from third party sources and is believed to be accurate but is also subject to buyer or buyers agent verification.
Property Information
Property Type
Commercial Lease
Sub-Type
Industrial
Year Built
1996
Living Area
8,000 sq ft
Lot Size
1.35 acres
Lot Dimensions
1.35 Acres
Parking Spaces
25
Zoning
MX
Days on Market
120
MLS® Listing#
9991892
Property Features
Cooling
Heating
Construction
Roof
Utilities
Sewer
Water Source
Financial Details
HOA
None
Parcel Number
094 009.94
Directions
I-81N to exit 63. Right on Airport Parkway. Business Park on left just before airport.
Affordability Calculator
$239,000
Estimated monthly payment
$6,360/mo
Principal $956,000 · Est. interest $1,333,705 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Kingsport, TN
- $337,968
- Median Listing Price
- 60
- Median Days on Market
- 1,774
- Median Sq Ft
- $178
- Median Price / Sq Ft
- 374
- Active Listings
- This home’s price is 254% above the area median.
- Its price per sq ft is 16% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Kingsport, TN.
Location
Points of Interest in Kingsport, TN
Showing the Kingsport area map.
Nearby Schools
Holston Elementary
Elementary · 0.4 mi away
Holston Middle School
Secondary · 0.4 mi away
West Ridge High School Yearbook
Secondary · 1.9 mi away
Tri-Cities Christian Academy
School · 2.5 mi away
Gunnings School
School · 3.5 mi away
Sullivan Central High School
Secondary · 3.6 mi away
Indian Springs Elementary School
Elementary · 3.8 mi away
Sullivan County Schools
School · 4.5 mi away
Miller Perry Elementary
Elementary · 5.4 mi away
Mountain View Day School
School · 5.6 mi away
Gray Elementary School
Elementary · 5.7 mi away
Sullivan South High School
Secondary · 6.3 mi away
Rock Springs Elementary
Elementary · 6.4 mi away
Robinson Middle School
Secondary · 6.4 mi away
Appalachian Christian School
School · 6.5 mi away
Blountville Elementary School
Elementary · 6.7 mi away
Thomas Jefferson Elementary School
Elementary · 6.7 mi away
Andrew Johnson Elementary School
Elementary · 6.8 mi away
Christian Life Center
School · 6.8 mi away
Blountville Middle School
Secondary · 6.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 292 Alpine Trail, Kingsport, TN | $850,000 | 5 | 5 | 5,250 |
| 121 Quail Heights Court, Kingsport, TN | $850,000 | 4 | 4 | 5,408 |
| 1530 Woodland Avenue, Kingsport, TN | $865,000 | — | — | — |
| 2008 American Way, Kingsport, TN | $895,000 | — | — | 15,468 |
| 704 Chippendale Road, Kingsport, TN | $949,000 | 5 | 6 | 5,064 |
| 3460 TN-75, Kingsport, TN | $949,000 | — | — | 5,000 |
Moving Cost Estimate
EXIT Agents in Kingsport
Listing Courtesy: The Addington Agency Bristol - 4238455800
Presented by: Garrett Addington