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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1811 State Of Franklin Rd Johnson City, TN 37604

4,500 SF Built 2011
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2011
Total area 4,500 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Raymond James Financial Services Financial Advisor
  • Boxcar Barbeque + Cantina Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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