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    1100-1110 N Roan St Johnson City, TN 37601

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    For Sale
    $1,375,000

    28,900 SF shopping center with Grocery Outlet anchor.

    Property size:
    28,900 SF
    Lot size:
    3.06 Acres

    Property Features for 1100-1110 N Roan St

    General Information

    Size
    28,900 SF
    Lot size
    3.06 Acres

    Source: Green Commercial Realty Agent Michael E. Green, CCIM MAI SIOR

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

    Overview

    Stabilized Shopping Center Investment Opportunity

    Central Shopping Center, located at 1100 North Roan, Johnson City, TN 37601, presents a stabilized investment opportunity. The property encompasses 28,900 square feet and is anchored by Grocery Outlet (Nasdaq: GO), attracting a consistent flow of repeat customers. The center features 90% long-term tenants and boasts a high visibility location. The property is 100% occupied with a diversified tenant mix and a proven track record of income stability. Included in the purchase is a 0.3 acre undeveloped outparcel. There is potential to increase some shop rents, enhancing returns in a thriving retail market.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Coin Cloud Bitcoin ATM, Coin Cloud Bitcoin ATM, Central Shopping Center

    Location Insight

    • Map
    • Local Demand
    City
    Johnson City
    County
    Washington
    State
    Tennessee
    Longitude
    -82.360873
    Latitude
    36.324758

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    FAQs

    What type of property is this?
    Shopping center - 28,900 SF shopping center with Grocery Outlet anchor.
    Where is this shopping center located?
    The property is located at 1100-1110 N Roan St Johnson City, TN.
    What is the asking price?
    The asking price for this property is $1,375,000.
    What are key features of this property?
    This property features: - Anchored by Grocery Outlet (Nasdaq: GO), ensuring consistent customer traffic; - 100% stabilized occupancy with a diversified tenant mix, providing income stability; - High visibility location in Johnson City, a rapidly growing market
    (423) 677-8494
    Request Owner's contact information
    1100-1110 N Roan St Johnson City, TN 37601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1100-1110 N Roan St Johnson City, TN 37601
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