Johnson City, TN
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    Johnson City, TN NNN Properties for Sale

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    Jonesborough, TN Unicoi, TN Elizabethton, TN
    Take 5 Oil Change Investment
    $1,187,000
    1,421 SF
    Take 5 Oil Change Investment

    2306 Browns Mill Rd, Johnson City, TN

    NNN ground lease with a strong, growing tenant.
    • Zero Landlord Responsibilities: Ground lease structure offers a passive investment.
    • Strong Lease Terms: Benefit from a 15‑year initial lease with options and rent increases.
    • Nationally Recognized Tenant: Take 5 Oil Change, a top‑ranked franchise with over 1,100 locations.
    • Experienced Franchisee: Operated by WSM Ventures, a top Take 5 franchisee.
    • Rapidly Growing Market: Located in Johnson City, TN, ranked #1 U.S. city for relocation.
    Updated: Nov 25, 2025
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    NNN Lease Investment Opportunity
    $2,661,905
    3,120 SF
    NNN Lease Investment Opportunity

    3201 Peoples St, Johnson City, TN 37604

    Long-term NNN lease with structured rental increases in high-traffic area.
    • Absolute NNN Lease providing passive ownership with 24+ years of remaining term extending through December 31, 2050, ensuring long‑term income stability.
    • Structured rental increases of 7.5% every five years throughout the initial term and all four 5‑year renewal options, guaranteeing consistent income growth.
    • Attractive in‑place yield at a 5.25% cap rate on $139,750 NOI, with contractual rent escalations driving yield above 7% during the initial term.
    • High‑traffic retail corridor location just off I‑26 / U.S. Route 23, benefiting from over 184,000 combined vehicles per day.
    • Prime retail location near The Mall at Johnson City, East Tennessee State University, and Johnson City Medical Center, surrounded by strong retail, education, and healthcare drivers.
    Updated: Mar 10
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Johnson City, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Retail Investment Opportunity
    $395,000
    920 SF
    Retail Investment Opportunity

    Retail building with NNN lease in high-traffic Elizabethton corridor.

    1201 Highway 19e, Elizabethton, TN 37643

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    Kingsport Express Oil For Sale
    $2,434,783
    4,335 SF
    Kingsport Express Oil For Sale

    NNN leased Express Oil on 0.55 acres.

    3855 Fort Henry Dr, Kingsport, TN 37663

    View details
    East Tennessee NNN Investment Opportunity
    $2,920,000
    2,653 SF
    East Tennessee NNN Investment Opportunity

    Corporate-backed absolute NNN property in prominent East Tennessee location.

    1651 E Stone Dr, Kingsport, TN 37660

    View details
    Elizabethton, TN Retail Opportunity
    $1,563,000
    950 SF
    Elizabethton, TN Retail Opportunity

    Retail property with a new 15-year lease in place.

    415 W Elk Ave, Elizabethton, TN

    View details

    Johnson City, TN Nnn Properties Investment Opportunities Market Analysis

    Explore 2 nnn properties for sale in Johnson City, TN on our real estate platform. These investment opportunities span a total of 4,541 square feet of properties for sale, with an estimated market value of $3,848,905.

    Sale prices for triple net lease properties in Johnson City, TN start at $1,187,000, averaging $1,924,452, and reaching up to $2,661,905 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Property Size Breakdown

    The majority of commercial real estate listings in Johnson City fall within the 10,000 to 25,000 square foot range.

    Demographics Overview

    Population 102K
    Population Growth (5Y) +5.2%
    Median Household Income $55,298
    College Educated 39.0%

    High-Yield Neighborhoods for Investment

    Identify Johnson City submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    37604 $2.7M

    Listings Trend

    Total CRE Area on Market Trend

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