4709 Roan St Johnson City, TN 37615

This exceptional investment opportunity presents a fee-simple ownership of a brand-new, 664-square-foot Scooter's Coffee location in Johnson City, Tennessee. Built in 2024, this property boasts a 15-year absolute triple-net (NNN) lease with a reputable franchisee, ensuring minimal landlord responsibilities. The lease includes 1.5% annual rent bumps and four five-year renewal options, providing long-term stability and predictable income growth. The property sits on a 0.582-acre lot and generates a substantial net operating income (NOI) of $97,500, representing a compelling 6.25% cap rate. Located at 4709 N Roan St, Johnson City, TN 37615, this single-unit building benefits from its position within the thriving Tri-Cities region, known for its high household incomes and robust population growth. The asking price is $1,560,000, translating to $2,349.40 per square foot. This is a turnkey investment with a strong tenant, a proven business model, and significant upside potential. The property's 100% occupancy and the tenant's commitment to the location further solidify this investment's attractiveness. The leaseback structure ensures immediate cash flow, making this an ideal addition to any commercial real estate portfolio. The property's location within Washington County, Tennessee, offers the added benefit of being in a tax-free income state.