TN
Sullivan
Kingsport
37663
10384 Wallace Alley Street
10384 Wallace Alley Street, Kingsport, TN 37663
Share Listing
Listing Type
Rental
Listing Status
Active
10
$1,350,000

Home Details for 10384 Wallace Alley Street

Price
$1,350,000
Type
Commercial Lease
Bedrooms
0
Bathrooms
Square feet
8000
Year built
1996
Lot size acres
1.35
County
Sullivan
Garage
Days on site
0
MLS Listing#
9991892
Property 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 $1.35- 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 Features
  • Utilities
    • Natural Gas Available
    • Electricity Connected
    • Natural Gas Connected
    • Sewer Connected
    • Water Connected
  • Cooling Information
    • Heat Pump
  • Heating Information
    • Heat Pump
  • Water Features
    • Public
Listing Courtesy: The Addington Agency Bristol - 423-845-5800
Presented by: Garrett Addington
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Tennessee Virginia Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 Tennessee Virginia Regional MLS. All Rights Reserved.
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Tennessee Virginia Regional MLS.
EXIT REALTY TRI-CITIES
1604 Lamons Lane #201, Johnson City, TN 37604
Office
423 806 0400
Request more details
Code: