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    1120 State Of Franklin Rd Johnson City, TN 37604

    Sponsored
    For Lease
    $34 SF/Yr

    Johnson City, TN retail & office space available

    Lot size:
    14,953 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    University Centre, a two-building, 14,953 square foot retail and office complex in Johnson City, Tennessee, offers a prime leasing opportunity. Built in 2018, this single-story property boasts a highly desirable location at the signalized intersection of West State of Franklin Road and University Parkway, directly across from East Tennessee State University (ETSU). The property benefits from exceptional visibility and high traffic counts. This location provides immediate proximity to three major employers: ETSU, the Veterans Affairs Medical Center, and Johnson City Medical Center, ensuring a strong and stable tenant base. Currently, there is one 1,532 square foot space available for lease. The property is part of a thriving retail center with established tenants including Verizon, Alumni Hall, Subway, First Watch, uBreakiFix, and Starbucks. The property's address is 1120 W State of Franklin Rd, Johnson City, TN 37604, and its APN is 054J A 015.00. Access from Interstate 26 is convenient via Exit 23. This presents a unique opportunity for businesses seeking a high-traffic, well-established location in a rapidly growing area. The property is situated in Washington County.

    Property Features for 1120 State Of Franklin Rd

    General Information

    Property type
    Shopping malls
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,953 SF
    Total Rate
    42366.83

    Building Details

    Year Built
    2018
    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 20
    Size
    1,532 SF
    Rate per SF
    $34

    HighLights

    • 14,953 SF shopping center, 2018 construction.
    • High‑visibility location at a busy, signalized intersection with monument signage.
    • Strong tenant mix including Verizon, Subway, Starbucks, and others, situated near ETSU, VA Medical Center, and Johnson City Medical Center.
    • Convenient access to I‑26 (Exit 23) and the Model Mills redevelopment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Subway Sandwich Shop Kathryn Robinson - GEICO ... Insurance Agency Mama DeLuca's Pizza Takeout Creekside Boulevard Garden Alumni Hall Sportswear Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Johnson City
    County
    Washington
    State
    Tennessee
    Longitude
    -82.366026210276
    Latitude
    36.307871970207

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    FAQs

    What type of property is this?
    Shopping mall - Johnson City, TN retail & office space available
    Where is this shopping mall located?
    The property is located at 1120 State Of Franklin Rd Johnson City, TN.
    What is the lease rate?
    The lease rate is $34 SF/Yr.
    What are key features of this property?
    This property features: 14,953 SF shopping center, 2018 construction.; High-visibility location at a busy, signalized intersection with monument signage.; Strong tenant mix including Verizon, Subway, Starbucks, and others, situated near ETSU, VA Medical Center, and Johnson City Medical Center.
    Request Owner's contact information
    1120 State Of Franklin Rd Johnson City, TN 37604
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    Johnson City, TN 37604
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1120 State Of Franklin Rd Johnson City, TN 37604
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