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10384 Wallace Alley Street
Kingsport TN 37663 US

$1,350,000

Active Listing ID 9991892
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Lot: 1.35 Acres
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Other

$1,350,000

Active Listing ID 9991892
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10384 Wallace Alley Street 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.

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Property Features

  • Facts
  • Lot Size: 1.35 Acres
  • Property Type: Commercial Lease
  • Property Sub-type: Other
  • Features
  • Cooling System: Heat Pump
  • Roof Type: Metal
  • Heating Fuels: Heat Pump (Heating)

Property

  • propertytype: Commercial Lease
  • propertysubtype: Other
  • listprice: 1350000
  • unparsedaddress: 10384 Wallace Alley Street
  • postalcity: Kingsport
  • stateorprovince: TN
  • country: US
  • postalcode: 37663
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.35
  • lotsizeunits: Acres
  • lotsizearea: 1.35
  • livingarea: 8000
  • livingareaunits: Square Feet
  • latitude: 36.486372
  • longitude: -82.421277
  • listagentfullname: Garrett Addington
  • listagentemail: Garrett@TheAddingtonAgency.com
  • listagentkey: 3yd-TVARMLS-32184
  • listagentmlsid: 32184
  • listagentpreferredphone: 4236461060
  • listagentofficephone: 4236461060
  • listofficekey: 3yd-TVARMLS-1251
  • listagentstatelicense: 337697
  • listofficemlsid: 1251
  • disclaimer: Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TVARMLS
  • yearbuilt: 1996
  • listingcontractdate: 2026-03-05
  • listagenturl: http://GarrettAddington.com
  • countyorparish: Sullivan
  • parcelnumber: 094 009.94
  • cooling: Heat Pump
  • constructionmaterials: Block
  • heating: Heat Pump (Heating)
  • fireplaceyn: False
  • transactiontype: ForRent
  • storiestotal: 0
  • parkingtotal: 25
  • roof: Metal
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.42128, 36.486374
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"The Addington Agency Bristol", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Garrett@TheAddingtonAgency.com", "ListBrokerageCity":"Bristol", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"The Addington Agency Bristol", "ListBrokeragePhone":"(423) 845-5800", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"TN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"121 Bluff City Hwy", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"121 Bluff City Hwy ", "ListOfficeAddress2":"", "ListOfficeBrokerMlsId":"1251", "ListOfficeCity":"Bristol", "ListOfficeCountry":"USA", "ListOfficeEmail":"jenklusk@gmail.com", "ListOfficePostalCode":"37620", "ListOfficeStateOrProvince":"TN", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Kingsport, TN", "ListingURL":null, "MLSModificationTimestamp":"2026-03-05 15:11:30", "Neighborhoods":[{"Description":null, "Name":"Not In Subdivision"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3535, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/5/2026 3:23:19 PM GMT
Source Updated Date: 3/31/2026 7:05:29 PM GMT

Courtesy of: Garrett Addington, The Addington Agency Bristol, Garrett@TheAddingtonAgency.com

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.