5501 fort henry drive & property for sale … · 10,386 sf single story office equipped with...

PROPERTY FEATURES • Two buildings (address for each) 10,386 SF single story office equipped with generator 3,036 SF warehouse • 4.3 AC site with split zoning (parcel no. 1071E032) B-3 General Business District (2.5 AC) R-1 Residential (1.8 AC) 5501 FORT HENRY DRIVE & 208 DILLOW DRIVE KINGSPORT, TN 37663 PROPERTY FOR SALE (OWNER/USER OR INVESTMENT) SULLIVAN COUNTY | TRI-CITIES MSA SALE PRICE $525,000 CUSHMAN & WAKEFIELD | CORNERSTONE 6005 Lonas Drive, Suite 220 Knoxville,TN 37909 www.cornerstonecres.com For more information, please contact: JIM HOLLEMAN, CCIM Principal 865.803.7777 [email protected] The depiction in the included photograph of any person, entity, sign, logo or property, other than Cushman &Wakefield / Cornerstone Commercial Real Estate Services (Cornerstone) client and the property offered by Cornerstone, is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and Cornerstone or its client. No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any specific listing conditions, imposed by our principals.

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Page 1: 5501 FORT HENRY DRIVE & PROPERTY FOR SALE … · 10,386 SF single story office equipped with generator 3,036 SF warehouse • 4.3 AC site with split zoning (parcel no. 1071E032) B-3

PROPERTY FEATURES• Two buildings (address for each) 10,386SFsinglestoryofficeequippedwithgenerator 3,036 SF warehouse• 4.3ACsitewithsplitzoning(parcelno.1071E032) B-3GeneralBusinessDistrict(2.5AC) R-1 Residential (1.8 AC)

5501 FORT HENRY DRIVE &208 DILLOW DRIVEKINGSPORT, TN 37663

PROPERTY FOR SALE(OWNER/USER OR INVESTMENT)

SULLIVAN COUNTY | TRI-CITIES MSA

SALE PRICE$525,000

CUSHMAN & WAKEFIELD | CORNERSTONE6005LonasDrive,Suite220

Knoxville,TN37909www.cornerstonecres.com

Formoreinformation,pleasecontact:

JIM HOLLEMAN, [email protected]

Thedepictionintheincludedphotographofanyperson,entity,sign,logoorproperty,otherthanCushman&Wakefield/CornerstoneCommercialRealEstateServices(Cornerstone)clientandthepropertyofferedbyCornerstone,isincidentalonly,andisnotintendedtoconnoteanyaffiliation,connection,association,sponsorshiporapprovalbyorbetweenthatwhichisincidentallydepictedandCornerstoneoritsclient.Nowarrantyorrepresentation,expressorimplied,ismadeastotheaccuracyoftheinformationcontainedherein,andsameissubmittedsubjecttoerrors,omissions,changeofprice,rentalorotherconditions,withdrawalwithoutnotice,andtoanyspecificlistingconditions,imposedbyourprincipals.

Page 2: 5501 FORT HENRY DRIVE & PROPERTY FOR SALE … · 10,386 SF single story office equipped with generator 3,036 SF warehouse • 4.3 AC site with split zoning (parcel no. 1071E032) B-3

CUSHMAN & WAKEFIELD | CORNERSTONE

BUILDING FEATURES

FLOOR PLANS

5501 FORT HENRY DRIVE

• Builtin1995• BrickConstruction• Flat Membrane Roof• Heating & Cooling throughout• FullySprinkled

208 DILLOW DRIVE

• Builtin2005• RigidFrameConstructionwithMetalSkin• Gables, Standing Seam Roof• Hanging Electric Heaters• FullySprinkled• Two(2)12’ClearanceDockDoors:• DriveIn• Ramp

5501 FORT HENRY DRIVE 208 DILLOW DRIVE

OFFICE OFFICE

OFFICE

RECEPTIONRESTROOMS CONFERENCE

ROOM

BREAKROOM

BACK OFFICE AREA

DOCK DOOR DOCK DOOR

WAREHOUSE AREA

PROPERTY PHOTOS208 DILLOW DRIVE5501 FORT HENRY DRIVE

Page 3: 5501 FORT HENRY DRIVE & PROPERTY FOR SALE … · 10,386 SF single story office equipped with generator 3,036 SF warehouse • 4.3 AC site with split zoning (parcel no. 1071E032) B-3

CUSHMAN & WAKEFIELD | CORNERSTONE

LOCATION OVERVIEWThepropertyislocatedinSullivanCounty,withintheJohnsonCity-Kingsport-Bristol(Tri-Cities)MSA.Generally,theboundariesoftheimmediateareaaretheTennessee/Virginiastatelinetothenorth,Interstate26tothesouth,BristolcitylimitstotheeastandtheHawkins/Sullivancountylinetothewest. The Central Business District is less than six miles north ofthesubjectproperty.

The surrounding area is dominated by residential uses older residential neighborhoods mix with light industrial, arterial commercialandofficeusesalongprimarycorridorssuchasEastmanRoadandStoneDrive,whichprovideaccessintothedowntownarea.Newconstructionactivityprimarilyconsistsofmedical,retailandsupportingcommercialusesalongEastStoneDrive(US-11W)andJohnB.DennisHighway(SR-93),whichbothprovideaccesstoInterstate26.

Thesubjectisapproximately6milessouthoftheEastmanChemicalCompany’splantfacilities.Foundedin1920,EastmanisaFortune500companythatcurrentlyemploysover11,000andisamajordrivingforcebehindtheinitialdevelopmentofKingsport.Thecompany’scorporateheadquartersarelocatedoffofWilcoxDrivelessthanonemilewestofthesubject,andtheEastmanCreditUnionofficebuildingandbranchfacilityisjustwestofthesubjectbeyondtheparkarea.Eastman’sindustrialplantfacilitiesextendoveronemiletotheeast/southeastalongLincolnStreet,andapproximatelyonemiletothesouthalongeithersideoftheHolstonRiver.

Other major land uses nearby include Fort Henry Mall, a regional mall facility located at the intersection of Memorial BoulevardandFortHenryDriveandtheHolstonValleyMedical Center, a Wellmont Health System facility featuring 544bedsandover2,000employees.

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