Retail Center in Growing Area

110 Whitewood Blvd Johnson City TN 37604, Johnson City, TN 37601

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For Sale

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9,500 SF retail center in Johnson City for sale.

Type:Land, Office, Retail

Property size:

9,500 SF

Price / SF:

$210/SF

HighLights

Located in a fast‑growing area of Johnson City.
Excellent visibility and strong traffic counts due to signalized corner location.
High‑demand leasing opportunity or prime location for owner‑user.
9,500 SF retail center adaptable for various tenants.
Situated next to a new ALDI and surrounded by established residential neighborhoods.
Limited new retail construction in the area.

We can help!

Listing Contact

Bryan Sangid

For Sale

Contact for pricing

9,500 SF retail center in Johnson City for sale.

Type:Land, Office, Retail

Property size:

9,500 SF

Price / SF:

$210/SF

Added:: Jun 25, 2025
Days on Market:: 352
Last Refresh:: Mar 17 at 1:19 pm

Property Features for 110 Whitewood Blvd Johnson City TN 37604

General Information

Standard status: Active
Size: 9,500 SF
Property subtype: Land, Office, Retail

We can help!

Listing Contact

Bryan Sangid

Listing agent Bryan Sangid License #TN 321218

Listing office The Brokers Realty and Auction

Listing date Jun 25, 2025

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of The Brokers Realty and Auction

HighLights

Located in a fast‑growing area of Johnson City.
Excellent visibility and strong traffic counts due to signalized corner location.
High‑demand leasing opportunity or prime location for owner‑user.
9,500 SF retail center adaptable for various tenants.
Situated next to a new ALDI and surrounded by established residential neighborhoods.
Limited new retail construction in the area.

Overview

This 9,500 SF retail center is located in a rapidly developing area of Johnson City. The property is strategically situated on a signalized corner, adjacent to a new ALDI, and surrounded by established residential neighborhoods. This location provides excellent visibility and strong traffic counts, suggesting long-term growth potential. The building's layout allows for subdivision to accommodate various tenants, making it suitable for retail spaces, restaurants, medical offices, banks, and professional services. This property is positioned in a thriving corridor where new retail construction is limited. The purchase price is subject to change as construction continues.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$218.9k	$23.04
− Vacancy	−$8.8k	−$0.92
EGI	$210.1k	$22.12
− OpEx	−$52.5k	−$5.53
NOI	$157.6k	$16.59

9,500 SF · lease $23.04/SF/yr · vacancy 4.00% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$2.25M

$1.97M – $2.63M (±1% cap)

NOI $157,594 @ 7.0% cap · market cap 7.88%

Second Best

Retail

$2.12M

$1.86M – $2.48M (±1% cap)

NOI $148,620 @ 7.0% cap · market cap 7.43%

Theoretical Best

Office A

$4.01M

$3.51M – $4.67M (±1% cap)

NOI $280,440 @ 7.0% cap · market cap 14.02%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Shopping centers

Suggested Use

Location Insight

Map
Local Demand

City: Johnson City
County: Washington
State: Tennessee
Longitude: -82.4050169
Latitude: 36.3742677

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For sale
Shopping centers
TN
Johnson City
37601
110 Whitewood Blvd Johnson City TN 37604

What type of property is this?

Shopping center - 9,500 SF retail center in Johnson City for sale.

Where is this shopping center located?

The property is located at 110 Whitewood Blvd Johnson City TN 37604 Johnson City, TN.

What is the asking price?

The asking price for this property is $2,000,000.

What are key features of this property?

This property features: Located in a fast‑growing area of Johnson City.; Excellent visibility and strong traffic counts due to signalized corner location.; High‑demand leasing opportunity or prime location for owner‑user.