Discover 2060 Fort Henry Drive, a 1.89-acre ground lease opportunity, zoned for general commercial use. This highly accessible development site offers exceptional exposure and is ideally suited for a variety of commercial users, including retail, restaurant, medical, automotive, service-oriented, and other concepts. Dual access via Fort Henry Drive and Sherwood Road creates the functionality and visibility of a corner location while providing convenient ingress and egress for customers and employees.
The site enjoys outstanding visibility with frontage to Fort Henry Drive, which carries more than 20,000 vehicles per day, providing significant brand exposure and customer traffic. The lot is located directly across the street from Fort Henry Mall, which is anchored by established national retailers, including Belk, Rural King, and Dunham's Sports. At the same time, nearby businesses, such as McDonald's, KFC, and Long John Silver's, have successfully operated in the area for decades.
Kingsport offers a strong and growing economic foundation for future commercial development. The city's population was approximately 55,000 according to the 2020 Census, with projected growth through 2028, and consumer spending is expected to exceed $1.1 billion by 2028. Ongoing residential growth has generated hundreds of new housing permits and substantial new home investment, while commercial development across the market continues to expand. Strategic initiatives designed to streamline development approvals and encourage investment have further established Kingsport as a business-friendly environment for developers, tenants, and investors.
Ownership is seeking qualified tenants for a 10-year initial ground lease term, allowing occupants to design and construct improvements tailored to their operational requirements. Flexible leasing options include the entire site for $200,000 annually or division into two commercial pads at $100,000 annually per tenant, creating opportunities for both single-user and multi-tenant development scenarios.
Russell Taylor
Tri Elite Holdings