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Finished Office Unit
New
For Lease
$14.40 SF/Yr CAM $285 /USD/MO

401a Elm Street, Johnson City, TN 37601

Commercial Lease, Johnson City, TN

Space Size1,000 SF
Lot Size0.52 Acres
Days on Market3

Property Features for 401a Elm Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning B 3
Directions From I-26 take Exit 22, property on the corner of Elm Street and E Watauga Ave.
Subdivision 302 - NE Johnson City
Standard status Active
APN 046k N 026.00
Size 1,000 SF
Lot size 0.52 Acres

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

kitchenette
backyard area

Building Details

Year built 1969
Building materials Brick
Roof type Rubber
Listing Agency: Foundation Realty Group
Listed By: Alexis P Greene · License #362014
Added: Aug 20 Last Checked: Aug 22 at 4:06AM
MLS# 9999806

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,000-square-foot office unit is configured with multiple private offices, a kitchenette, and two restrooms. The space includes finished interiors, brick construction, central heating, central air, a rubber roof, and public water and sewer service. Built in 1969, the property is zoned B 3.

The 0.52-acre site sits at 401a Elm Street in Johnson City, at the corner of Elm Street and E Myrtle Ave, just off I-26 and Exit 22. Interstate exposure is supported by an average daily traffic count of over 61,000 vehicles. The level property includes ample parking and a backyard area that can accommodate outdoor seating, patio expansion, events, or additional business use.

Key Highlights

  • 1,000‑square‑foot finished office unit
  • Multiple offices with kitchenette and two restrooms
  • 0.52‑acre level lot with ample parking

Property Analytics

Current Use

Joyce Weikle-Waddell Pharmacy

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Home Appliance Store Catering Service Florist Wine and Liquor Store Accounting Firm

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

61,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.16 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,496
Businesses Nearby

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

Lease Benchmarks for Johnson City, TN

$28.77 /SF/Yr
Avg Asking Price
$11.67–$90 /SF/Yr
Price Range
3,571 SF
Avg Space Size

This space is priced 50% below the average of $28.77 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Multiple offices, a kitchenette, and two restrooms support flexible commercial operations.
Where is this office units located?
The property is located at 401a Elm Street Johnson City, TN.
What is the lease rate?
The lease rate is $14.40 SF/Yr.
What are key features of this property?
This property features: 1,000‑square‑foot finished office unit; Multiple offices with kitchenette and two restrooms; 0.52‑acre level lot with ample parking
More about this property
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