Absolute NNN Retail
For Sale
Contact for pricing
4210 N Roan St, Johnson City, TN 37601
For sale absolute NNN retail property with 14,744 square feet under a long-term lease structure.
Property Size14,744 SF
Price / SF$268.16
Days on Market195
Property Features for 4210 N Roan St
General Information
Standard status
Active
Size
14,744 SF
Property subtype
RETAIL
Lease Type
NNN
Listing Agency:
Colliers | Fort Lauderdale
(954) 652-4600
Listed By:
Christopher Twist
(561) 602-8390
Source:
Moodyscre
Added: Apr 17
Changed: Oct 25
Last Checked: Oct 26 at 5:38PM
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 Colliers | Fort Lauderdale
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-sale retail investment is offered as an absolute NNN lease. The property comprises 14,744 square feet and is presented for long-term stability under the stated lease structure.
The asset is located at 4210 N Roan St in Johnson City, Tennessee. The listing describes it as positioned within a thriving trade area.
The offering is marketed as an NNN structure with long-term lease security, with the stated focus on stability for an income-oriented buyer. Property-level financial terms beyond the “absolute NNN” characterization were not provided in the information received.
The asset is located at 4210 N Roan St in Johnson City, Tennessee. The listing describes it as positioned within a thriving trade area.
The offering is marketed as an NNN structure with long-term lease security, with the stated focus on stability for an income-oriented buyer. Property-level financial terms beyond the “absolute NNN” characterization were not provided in the information received.
Key Highlights
- Absolute NNN retail property for sale
- 14,744 SF under a long‑term lease structure
- Tennessee tax advantage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$230,657
Cap Rate
5.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,613,140
$4.6M
Cap Rate 7%
$3,295,100
$3.3M
Cap Rate 9%
$2,562,856
$2.6M
Market Conditions
NOI Build-Up for 14,744 SF
Gross rent
$339.7K $23.04/SF
− Vacancy
−$10.2K −$0.69/SF
EGI
$329.5K $22.35/SF
− OpEx
−$98.9K −$6.70/SF
NOI
$230.7K $15.64/SF
Area
Washington County, TN
Vacancy
3.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,613,140
Cap Rate 7%
$3,295,100
Cap Rate 9%
$2,562,856
Alternative Uses
Best Use
Retail
$3.30M
$2.88M – $3.84M
NOI $230,657 @ 7.0% cap · market cap 5.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.22M
$5.44M – $7.25M
NOI $435,243 @ 7.0% cap · market cap 11.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
313
Businesses Nearby
61k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 100%
Food City
Groceries
23,442 visits/mo
0.1 miles
Ingles
Groceries
23,071 visits/mo
0.5 miles
Aldi
Groceries
14,206 visits/mo
0.3 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
NNN property - For sale absolute NNN retail property with 14,744 square feet under a long-term lease structure.
Where is this nnn property located?
The property is located at 4210 N Roan St Johnson City, TN.
What is the asking price?
The asking price for this property is $3,953,757.
What are key features of this property?
This property features: Absolute NNN retail property for sale; 14,744 SF under a long‑term lease structure; Tennessee tax advantage
