USATNKingsportNot in Subdivision10384 Wallace Alley St
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10384 Wallace Alley St, Kingsport, TN

House

For Rent

Listed price in listed location currency (USD).
$1,295,000

0025

MLS® 9991892

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Lease
Size 8000 sqft
Garage 
Date Available 
Days Active 64
Lot Size 
Approx. Age 1996
MLS® Number 9991892

Property Address: 10384 Wallace Alley St, Kingsport, TN, 37663-3935

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number9991892
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1996
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Leased YetSold Price

For Rent

Mar 5, 2026List Date
$1,295,000List Price
  • Commute

Commute

Starting Address
Destination Address
10384 Wallace Alley St, Kingsport, TN

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