1811 State Of Franklin Rd Johnson City, TN 37604
This exceptional 4,500 square foot retail property, built in 2011, is ideally situated in Johnson City, TN's Mountain Home/Campus submarket. Located at 1811 West State of Franklin Road, near the intersection of S Greenwood Dr, this single-story building offers two suites, with one 2,800 square foot space currently available. Its prime location boasts high visibility and accessibility, less than a mile from East Tennessee State University (a Division 1 school with nearly 14,000 students) and less than a mile south of Highway 11E. The property benefits from strong surrounding demographics, including proximity to the James H. Quillen VA Medical Center (serving over 170,000 veterans), Kroger, Earth Fare, Zaxby's, Jersey Mike's, Marco's Pizza, and numerous other local businesses. The thriving Downtown Johnson City area, with its diverse restaurants, breweries, and retailers, is also easily accessible. This property presents a unique opportunity to establish a presence in a vibrant and growing community with a significant student and veteran population, anchored by the nearby Franklin Square Shopping Center. The property's excellent location and existing infrastructure make it an attractive investment for a variety of retail or restaurant concepts. The building's single-story design and ample space offer flexibility for various business needs. This is a rare opportunity to secure a well-positioned retail space in a high-demand area.
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Raymond James Financial Services Financial Advisor
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Boxcar Barbeque + Cantina Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.