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Highlights
- Art Deco facade, exposed brick
- Loft, office, or retail conversion
- Terrazzo, steel joists, hardwood
- Music, dining, or indoor golf concept
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 3rd Floor Flex | 6,500 SF | Negotiable | $22.00 CAD/SF/YR $1.83 CAD/SF/MO $142,982 CAD/YR $11,915 CAD/MO | Triple Net (NNN) | ||
| 2nd Floor, Ste Cellar | 6,500 SF | Negotiable | $22.00 CAD/SF/YR $1.83 CAD/SF/MO $142,982 CAD/YR $11,915 CAD/MO | Triple Net (NNN) |
2nd Floor, Ste 3rd Floor Flex
The vacant top floor has been stripped down and is ready for redevelopment. With exposed brick, original structural character, and large street-facing windows, the layout is well suited for any of the following: • Residential loft conversion — urban loft product is in high demand and limited supply across Downtown Kingsport • Office of any kind — creative, professional, medical, co-working, or flagship headquarters build-out • Retail — boutique, showroom, gallery, or experiential concept leveraging the building's historic character
- Lease rate does not include utilities, property expenses or building services
- Fits 17 - 52 People
- Loft, office, or retail conversion
- Prime Broad Street frontage
2nd Floor, Ste Cellar
The building includes an expansive, undeveloped cellar — a genuinely rare feature in this market. Thespace is sized and configured for a high-concept destination use, with multiple potential build-outsincluding: • Music venue / live performance space • Cigar lounge • Fine dining • Indoor golf simulator concept • Mini bowling The cellar is accessed today by a stairwell at the rear of the building. In addition, a dedicated woodcarve-out has been framed at the front of the building to accommodate a second staircase descendingdirectly from Broad Street into the cellar level — giving a future operator the option to deliver a truestreet-front entrance to the downstairs venue, separate from the ground-floor tenant. That direct-from-the-sidewalk access is what unlocks the cellar as a stand-alone destination concept ratherthan back-of-house space.
- Lease rate does not include utilities, property expenses or building services
- Music, dining, or indoor golf concept
- Prime Broad Street frontage
- Downtown Entertainment
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 13,000 SF | Gross Leasable Area | 22,300 SF |
| Property Type | Retail | Year Built/Renovated | 1930/1966 |
| Property Subtype | Storefront |
| Total Space Available | 13,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 22,300 SF |
| Year Built/Renovated | 1930/1966 |
Features and Amenities
- Air Conditioning
- Smoke Detector
Nearby Major Retailers
Presented by
237-245 Broad St
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