Single-Tenant Retail NNN
149 Fitness Way Johnson City, TN 37604
For Sale
Contact for pricing
Freestanding Verizon net-lease retail building with a scheduled term through July 31, 2031.
Property Size4,500 SF
Price / SF$790.17
Days on Market46
Property Features for 149 Fitness Way
General Information
- Standard status
- Active
- Size
- 4,500 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2006
Listing Agency:
J.H. Winokur Inc
Listed By:
Jeffrey Winokur · License #NY 31WI0804493
Source:
Crexi
Added: Jun 8
Changed: Jul 23
Last Checked: Jul 23 at 5:18AM
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 J.H. Winokur Inc
Investment Insights
Based on property information with market context.
This freestanding single-tenant retail property is leased to Cellco Partnership d/b/a Verizon under a corporate NNN structure. The building was constructed in 2006 and is currently covered by a lease extension with a term running from August 1, 2026 through July 31, 2031. The lease includes no remaining options, and the reported rent is $213,345 annually.
The asset is positioned just south of I-26 and is described as directly in front of Lowe’s and Kohl’s, with Johnson City Crossing and Home Depot directly across the street, placing it within a major retail corridor.
The offering price is $3,555,750, based on a stated 6.00% cap rate for the leased asset totaling 4,500 SF.
The asset is positioned just south of I-26 and is described as directly in front of Lowe’s and Kohl’s, with Johnson City Crossing and Home Depot directly across the street, placing it within a major retail corridor.
The offering price is $3,555,750, based on a stated 6.00% cap rate for the leased asset totaling 4,500 SF.
Key Highlights
- 4,500 SF freestanding retail building built in 2006
- Single‑tenant Verizon net lease (Cellco Partnership d/b/a Verizon) under a corporate NNN lease
- Lease term runs Aug 1, 2026 through Jul 31, 2031 with no remaining options
Property Analytics
Location Intelligence
Current Use by Public Records
Verizon
Mobile Phone Store
Beer & More...
(Bike/Boat/Book/etc) Store
Verizon Business Services
Business To Business Service
FAQs
What type of property is this?
Retail space - Freestanding Verizon net-lease retail building with a scheduled term through July 31, 2031.
Where is this retail space located?
The property is located at 149 Fitness Way Johnson City, TN.
What is the asking price?
The asking price for this property is $3,555,750.
What are key features of this property?
This property features: 4,500 SF freestanding retail building built in 2006; Single‑tenant Verizon net lease (Cellco Partnership d/b/a Verizon) under a corporate NNN lease; Lease term runs Aug 1, 2026 through Jul 31, 2031 with no remaining options
