2617 N Roan St - Freestanding FOR SALE


Johnson City, TN 37601- Downtown Johnson City
$1,474,400 USD
423-956-5707
2617 N Roan St, Johnson City, TN for Sale
$1,474,400 USD
Freestanding - FOR SALE
1/3
null | 5% Cap Rate

2617 N Roan St
Johnson City, TN 37601
Downtown Johnson City


HIGHLIGHTS

  • The 5,015 square-foot building benefits from its busy position fronting North Roan Street with over 25,000 vehicles per day passing this location.

OVERVIEW

Prime Multi-Tenant Net-Leased Investment – North Roan Street, Johnson City, TN Now available for purchase, this 5,015 SF multi-tenant retail property occupies a high-visibility corner site on bustling North Roan Street—one of Johnson City’s premier commercial corridors with traffic counts exceeding 25,000 vehicles per day. The property is 100% leased to two established, long-time tenants—TitleMax and Rocky Top Vapor—offering stable cash flow and excellent financial performance. Property Highlights • Exceptional Location: Just ¼ mile from I-26, Exit 20, with dual access via North Roan Street and Mark Twain Court. • Strong Curb Appeal: Building and grounds are professionally managed and meticulously maintained, featuring a new roof and fresh exterior paint (2024). • Ample Parking: Large, level, paved parking lot to accommodate tenant and customer needs. • Vibrant Surroundings: Immediate neighbors include AT&T Call Center, Staybridge Suites, Mr. K’s Used Books, Sonic Drive-In, with The Mall at Johnson City, Jos. A. Bank, Talbots, and Holiday Inn just minutes away. Tenant Overview • TitleMax: A leading provider of automobile-backed title loans and title pawn products, TitleMax operates 1,000+ stores in 16 states under the TMX Finance Family of Companies. Founded in 1998 and headquartered in Savannah, GA, the company serves consumers seeking alternative credit solutions. • Rocky Top Vapor: The Tri-Cities’ first and original vape shop, Rocky Top Vapor has grown to multiple regional locations, offering a wide range of vaping products and accessories to a loyal customer base. Market Advantage Johnson City was named the #1 most desirable U.S. city to relocate to in Travel & Leisure (June 2025). Nestled in the Appalachian foothills just an hour north of Asheville, NC, this dynamic university town is celebrated for its strong economy, quality of life, and abundant outdoor recreation opportunities. Confidentiality & Financials Comprehensive financials are available upon execution of a Confidentiality Agreement / Non-Disclosure Agreement (CA-NDA). For access to full financial data, buyers must provide a bank verification letter confirming financial capability to purchase at the list price, along with fully executed CA-NDA documentation.

FOR SALE DETAILS

PRICE

$1,474,400 USD

PRICE/SF

$294 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

B-4

APN/PARCEL ID

038H-A-020.00

ASK ABOUT THIS PROPERTY

Glenn PerkinsTCI Group - Jerry Petzoldt Agency LLCMore Info
423-956-5707

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Glenn PerkinsTCI Group - Jerry Petzoldt Agency LLCMore Info
423-956-5707

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.