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Swig NNN Property
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2424 N Roan St, Johnson City, TN 37601

Swig-operated property with a long-term Triple Net lease and scheduled annual escalations.

Property Size2,800 SF
Lot Size0.88 Acres
Days on Market130

Property Features for 2424 N Roan St

General Information

Standard status Active
Size 2,800 SF
Lot size 0.88 Acres
Property subtype Retail

Additional Details

Gross Income $115,000

Building Details

Tenancy Single
Listing Agency: SURMOUNT
Listed By: Cade Kearn · License #NY 10401306065
Source: Crexi
Added: Apr 24 Changed: Aug 31 Last Checked: Aug 31 at 2:37AM

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 SURMOUNT

Investment Insights

Based on property information with market context.

This Swig property includes approximately 2,800 rentable square feet on an estimated 0.88-acre parcel at 2424 N Roan St in Johnson City, Tennessee. The asset is subject to a 20-year Triple Net lease that commenced 1/31/2026 (est.), with contractual rent increases of 3.00% each year.

The property combines a branded commercial building with a long-term NNN lease structure and scheduled annual escalations. Its Johnson City address places the asset on N Roan St, providing a clearly identified location for ownership and lease administration.

Key Highlights

  • Approximately 2,800 rentable square feet of building space
  • Estimated 0.88‑acre parcel
  • 20‑year Triple Net (NNN) lease

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Electrical Service Parking Lot & Garage HVAC Service Garden Center Grocery & Convenience Store Plumbing 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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,121
Businesses Nearby
239k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 40% Shops & Services 34% Groceries 15% Hotels & Casinos 5%
Gabe's Shops & Services
43,664 visits/mo 0.5 miles
Kroger Groceries
36,561 visits/mo 0.4 miles
LongHorn Steakhouse Dining
22,815 visits/mo 0.3 miles
SONIC Drive In Dining
18,660 visits/mo 0.4 miles
Kroger Fuel Center Shops & Services
17,408 visits/mo 0.4 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?
NNN property - Swig-operated property with a long-term Triple Net lease and scheduled annual escalations.
Where is this nnn property located?
The property is located at 2424 N Roan St Johnson City, TN.
What are key features of this property?
This property features: Approximately 2,800 rentable square feet of building space; Estimated 0.88‑acre parcel; 20‑year Triple Net (NNN) lease
(332) 345-4222 Call to check price and availability
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