1526 E Stone Dr, Kingsport, TN 37660

Attention Investors! PRICE REDUCTION!!!- Newly updated 2,210 sq. ft. commercial building on Stone Drive with tenant offering top quality natural health products including CBD and Medical Cannabis Dispensary tenant, Apotheca, in place. Apotheca is a leading regional dispensary with locations in North Carolina, Tennessee and Georgia. A 5-star rated business, Apotheca is a plant medicine +U2dispensary offering hand-selected CBD, Delta 8, Hemp, Kratom, & other effective herbal remedies. Tenant, HH North LLC dba: Apotheca is now operating under the original (7-year) lease executed on May 1, 2022 with a 5-year renewal option with 10% rent increase. The 7-year initial term NNN rent is $44,199.96 Net NNN rent income over the initial 7-year term is $309,399.72. See Investment Strategy document for full positioning, renewal outlook, and redevelopment potential by clicking the FLYER Tab. Also see attached investment package for further information.

Building is newly remodeled inside and out with large paved parking at front and paved employee parking and access at rear. Lot is 60' x 238' IRR with access from Stone Drive and from Bridgewater Lane at the rear. Situated along a very busy stretch of Stone Drive between O'Reilly Auto Parts and Appalachian Community Federal Credit Union. Contact agent for further financials and for property tour.