Property Description

Restaurant Pad | I-26 / S. Wilcox Drive | Kingsport, TNFast-casual or full-service opportunity inside a 10.5-acre mixed-use developmentPrime restaurant pad at I-26 and S. Wilcox Drive, inside a 10.5-acre development that includes an operating Fairfield Inn & Suites by Marriott next door, TownePlace Suites by Marriott under construction, and planned multifamily apartments -- the heart of Kingsport's hotel and conference corridor.The pad sits next door to Fairfield Inn & Suites by Marriott (80 rooms) and immediately off the interchange that already serves a concentrated lodging cluster of roughly 711 guest rooms: MeadowView Conference Resort & Convention Center (305 rooms and the market's primary conference facility), Hampton Inn (115), Holiday Inn Express & Suites (79), Comfort Suites (77), and Quality Inn (55). Additional hotel product is planned on this same 10.5-acre tract, which will add more overnight demand at the front door.Daytime traffic is equally strong. The Social Security Administration field office (2401 S. Wilcox Dr) and surrounding medical users are next door. Eastman Chemical's Kingsport operations -- a ~900-acre plant with on the order of 7,000 employees -- and the nearby industrial park feed contractor, shift, and corporate dining that the current restaurant mix does not capture.Existing food in the immediate node is limited to quick-service (Burger King, Pal's Sudden Service, Taco Bell) and one sit-down Mexican restaurant (La Carreta). There is no other full-service or meaningful fast-casual sit-down option serving this hotel, conference, government, medical, and industrial audience. MeadowView's on-site restaurant is the only other sit-down meal in the corridor, and it is on the resort campus, not on Wilcox.Highlights:Restaurant pad within a 10.5-acre hotel + apartment developmentNext to Fairfield Marriott (80 keys) and SSA / medicalTownePlace Suites by Marriott (98 keys) under construction on-siteA+/-711 existing hotel rooms in the I-26 / MeadowView / Wilcox cluster, plus two hotels planned on-siteMeadowView Conference Resort & Convention Center (305 rooms, large event inventory) within the same nodeEastman Chemical plant and industrial park demandUnderserved for sit-down and fast-casual; QSR and one Mexican restaurant onlyDirect access and visibility to I-26 and S. Wilcox DriveIdeal for a regional or national fast-casual or sit-down concept looking for rooftops that are already built, plus new hotel and apartment doors coming on the same tract.

Property Features