Historical Retail Sale Listing - South Roan Center

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South Roan Center

2506 South Roan Street, Johnson City, TN 37601

N/A

56,958 SF | Retail

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Retail Property - Off Market

Price:
N/A
Gross Leasable Area:
56,958 SF
Property Type:
Retail
Property Sub-type:
Strip Center
Property Use Type:
Investment
Cap Rate:
11.26%
No. Stories:
1
Tenancy:
Multiple
Year Built:
1977
Lot Size:
10.70 AC
Listing ID
15009249
Last Updated
over 1 year ago

Highlights

  • Family Dollar renewed Jan 1, 2011
  • Property values in this area are stable to rising
  • Center Updates total approximately $300,000 over the past 4 years.
  • Within 2.5 miles of I-26
  • Discount Tobacco in FREE STANDING

Description

Center sits on 10.7+/- acres. AS of January 1, 2011 Family Dollar renewed their lease. Other tenants include: LaPerla Mexican Restaurant, South Roan Video & Pawn, Boone Trail Outreach. Discount Tobacco in free standing bldg. Center Updates total approx $300,000 over the past 4 years. 305 parking spaces ...with 2 acres of unused land for add'l parking spaces totaling up to 440+/- spaces if needed. Current Income / Expenses available with signed confidentiality agreement.

Exit 24 off I-26 Left toward Hwy 36 / S Roan Street. Left on Hwy. 36/ S. Roan. Property is approximately 2 miles on right.

Map of 2506 South Roan Street, Johnson City, TN 37601 (Washington County)

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