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Community Shopping Center
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3135 Peoples St, Johnson City, TN 37604

Fully occupied retail center with a mixed roster of retail, service, and food-oriented tenants.

Property Size29,195 SF
Lot Size3.57 Acres
Days on Market142

Property Features for 3135 Peoples St

General Information

Standard status Active
Size 29,195 SF
Lot size 3.57 Acres
Property subtype Retail
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Cap Rate 5.75%

Building Details

Year Built 2005
Tenancy Multi
Listing Agency: Marcus & Millichap - Orange County
Listed By: Paul Bitonti · License #CA 01325076
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 7:13PM

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 Marcus & Millichap - Orange County

Investment Insights

Based on property information with market context.

Peoples Crossing is a 29,195 SF community shopping center on 3.57 acres at 3135 Peoples St in Johnson City, Tennessee. Constructed in 2005, the property is fee simple and 100% occupied, with tenants spanning retail, services, food, and med-tail uses. Thirty-eight percent of the tenant roster has operated at the property since construction, while 29% consists of med-tail users.

The center fronts Peoples St near I-26 and Hwy 381, which provide access toward Downtown Johnson City, Johnson City Medical Center, and East Tennessee State University. It sits adjacent to Johnson City Crossing Shopping Mall, a 335,678 SF power center anchored by The Home Depot, Best Buy, PetSmart, Michael’s, and Five Below. The property is also less than 1 mile from Johnson City’s Med-Tech Corridor, which includes Johnson City Medical Center, ETSU, Niswonger Children’s Hospital, Franklin Woods Community Hospital, and other major institutions.

Key Highlights

  • 29,195 SF community shopping center on 3.57 acres
  • 100% occupancy with retail, service, food, and med‑tail tenants
  • Constructed in 2005; fee‑simple ownership

Property Analytics

Current Use

Menchie's Frozen Yogurt Take-out & Catering Alterations by David's ... (Bike/Boat/Book/etc) Store ASHTON GRACE DOUGLAS Physician CLOSED Title Title Company Allen Tyler Nance Physician

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Hair Salon Barber Shop Cafe & Coffee Shop 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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

707
Businesses Nearby
723k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 33% Dining 26% Superstores 19% Home Improvements & Furnishings 8%
Sam's Club Superstores
133,967 visits/mo 0.4 miles
Chick-fil-A Dining
66,738 visits/mo 0.1 miles
Hobby Lobby Shops & Services
55,283 visits/mo 0.2 miles
Five Below Shops & Services
48,244 visits/mo 0.5 miles
Best Buy Electronics
36,754 visits/mo 0.2 miles

Demographics for 37604, TN

37,025
Population
19,334
Households
1.9
Avg Household Size
38
Median Age
39%
College-Educated
89%
High-School Grad
33.0 sq mi
ZIP Area
1,122
Density / Sq Mi
$49,351
Median Household Income
$31,863
Median Earnings
$950
Median Rent
$231,900
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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Similar Off Market Nearby

  • Johnson City Marketplace 198 Marketplace Blvd, Johnson City, TN 37604
  • Johnson City Crossing 3211 Peoples St, Johnson City, TN 37604
  • Shops At Franklin 3101 Browns Mill Rd, Johnson City, TN 37604
  • Coin Cloud Bitcoin ATM 210 W Oakland Ave, Johnson City, TN 37604

Frequently Asked Questions

What type of property is this?
Shopping center - Fully occupied retail center with a mixed roster of retail, service, and food-oriented tenants.
Where is this shopping center located?
The property is located at 3135 Peoples St Johnson City, TN.
What are key features of this property?
This property features: 29,195 SF community shopping center on 3.57 acres; 100% occupancy with retail, service, food, and med‑tail tenants; Constructed in 2005; fee‑simple ownership
(949) 419-3246 Call to check price and availability
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