1505 W Stone Dr, Kingsport, TN 37660

The TCI Group-Jerry Petzoldt Agency and Broker Glenn Perkins is pleased to present to qualified potential lessees the Kingsport Pit Stop, a Sunoco Branded Gas Service Station and Convenience Store in Kingsport, Tennessee. This completely renovated C-Store was remodeled in late 2019 and opened for business in February of 2020. This C-Store business has been continuously operated Monday-Saturday 7:00 AM to 10:00 PM and Sunday from 8:00 AM to 9:00 PM since opening in 2020. Besides the typical C-Store offerings including Lottery this store derives excellent additional income from Chester’s Chicken, a Deli, Pizza, Novelties, U-Haul rental, and owner owned new ATM that is Bit Coin capable. Fully furnished kitchen with restaurant grade fryer, grill and pressure fryer for chicken. All FF&E is included in the listing price. Cooked food service and deli have not been operated since Covid and can easily be started again with all equipment remaining in place. Lease rate negotiable, NNN lease initial term is 5 years with one 5-year option to renew.

New Roof, new HVAC units including a new 12 ton for the entire building plus a new 8 ton specifically zoned for the new commercial kitchen. New paint outside and inside, new flooring, new walk-in cooler and 2 walls of beer, soda, and other refrigerated products display fronts, a walk-in freezer and a beer cave. All new EMV ready cash registers and new ATG metering system. A complete 16 camera security system and entry alarms.

Five gas islands with all new EMV ready card readers and each pump is media ready with streaming video and dual side dispensing for regular, premium, and diesel fuels. New lighted pylon sign with electronic gas pricing display. Petroleum fuels are provided under a 10-year rack plus penny contract with an excellent profit margin. There are three 12,000-gallon underground steel tanks for regular, premium, and diesel fuels. Tanks regularly State of Tennessee inspected and no issues with tightness or leakage.

This enhanced C-store is conveniently located on busy West Stone drive with an excess of 50,000 average vehicles per day passing by the front door. Excellent high visibility location within 450 feet of the Interstate 26 Exit 1 off ramp. The store is approximately 4,898 square feet and situated on approximately .7 acre of prime Kingsport land and is zoned B-3 Commercial. All financials will be provided to a qualified buyer as part of Buyer due diligence investigation upon submission of a non-binding LOI, personal and business credit report, and a certified proof of funds letter from a recognized financial institution. The owner continues to optimize profit margins which has proven to produce the best results and continued growth. Contact agent for further details and financials.