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    Johnson City, TN
    NNN

    Johnson City, TN NNN Properties for Sale

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    NNN Lease Investment Opportunity
    Updated: Mar 10
    NNN Lease Investment Opportunity

    3201 Peoples St, Johnson City, TN 37604

    $2,661,905
    3,120 sqft
    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.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

    Kingsport Medical Office Investment Opportunity
    Kingsport Medical Office Investment Opportunity

    1653 E Stone Dr #1647, Kingsport, TN 37660

    $1,920,000
    3,995 sqft 0.53 AC lot

    Freestanding medical office building with long-term corporate lease.

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    NNN Retail Building with Active Tenant
    NNN Retail Building with Active Tenant

    1201 Highway 19e, Elizabethton, TN 37643

    $365,000
    920 sqft 0.07 AC lot

    Retail building on Hwy 19E with a NNN lease in place, positioned for straightforward tenant occupancy and predictable income terms.

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    East Tennessee NNN Investment Opportunity
    East Tennessee NNN Investment Opportunity

    1651 E Stone Dr, Kingsport, TN 37660

    $2,920,000
    2,653 sqft

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

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    Triple-Net Dollar General Store
    Triple-Net Dollar General Store

    2185 U.S. Highway 19 East, Elizabethton, TN 37643

    Contact for pricing
    9,100 sqft

    Absolute triple-net leased Dollar General relocation store built in 2012 with a corporate-guaranteed lease.

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    Johnson City, TN Nnn Properties Market Trends and Statistics

    Explore 1 nnn properties for sale in Johnson City, TN on our real estate platform. These investment opportunities span a total of 3,120 square feet of properties for sale, with an estimated market value of $2,661,905.

    Sale prices for triple net lease properties in Johnson City, TN start at $2,661,905, averaging $2,661,905, 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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    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 average listing prices of real estate assets

    Neighborhood Average Price
    37604 $2.7M

    Listings Trend

    New vs delisted commercial listings in Washington County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

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

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