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Fully Leased Retail Shopping Center
For Sale
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104 University Pkwy, Johnson City, TN 37601

Shopping center is fully leased with multiple active tenants, including American Rental, Fox Pizza, State Farm, and Shape Shifters.

Property SizeContact for details
Days on Market123

Property Features for 104 University Pkwy

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Multi
Listing Agency: Interstate Realty Company
Listed By: Mo Whitten · License #TN 343679
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 7:41PM

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 Interstate Realty Company

Investment Insights

Based on property information with market context.

This for-sale retail shopping center is fully leased, anchored by American Rental, which recently executed a new 5-year lease. Additional tenants include Fox Pizza, with over 2 years remaining on its current lease term.

State Farm Insurance Agency recently extended its lease, keeping Shops @ Walgreens as its home for the next 9+ years. Shape Shifters Weight Loss Clinic occupies over 25% of the GLA and has more than 4 years remaining on its lease.

The property is located at 104 University Pkwy, Johnson City, TN 37601, and is presented as an income-producing retail asset with established tenant occupancy.

Key Highlights

  • Shopping center is fully leased with multiple active tenants
  • American Rental executed a new 5‑year lease
  • Fox Pizza has over 2 years remaining on its current lease

Property Analytics

Current Use

Dennis McKesson - State ... Insurance Agency Fox's Pizza Den Restaurant Ashlee Whaley Physician American Rental Home ... Home Decor Store Family Medical Associates Medical Clinic

Suggested Use

Top Pick Skin Care Clinic Daycare Center (Bike/Boat/Book/etc) Store Accounting Firm Nail Salon Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

426
Businesses Nearby
128k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 42% Groceries 29% Shops & Services 28% Hotels & Casinos 1%
Food City Groceries
27,373 visits/mo 0.4 miles
Burger King Dining
22,848 visits/mo 0.1 miles
Arby's Dining
12,049 visits/mo 0.1 miles
Dollar General Shops & Services
10,790 visits/mo 0.1 miles
Dollar Tree Shops & Services
10,460 visits/mo 0.2 miles

Demographics for 37601, TN

37,079
Population
18,153
Households
2
Avg Household Size
40
Median Age
33%
College-Educated
91%
High-School Grad
47.7 sq mi
ZIP Area
777
Density / Sq Mi
$49,658
Median Household Income
$32,312
Median Earnings
$892
Median Rent
$187,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Shopping center is fully leased with multiple active tenants, including American Rental, Fox Pizza, State Farm, and Shape Shifters.
Where is this shopping center located?
The property is located at 104 University Pkwy Johnson City, TN.
What are key features of this property?
This property features: Shopping center is fully leased with multiple active tenants; American Rental executed a new 5‑year lease; Fox Pizza has over 2 years remaining on its current lease
More about this property
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