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2617 N Roan St 5,015 SF 100% Leased Retail Building Johnson City, TN 37601 $1,474,400 ($294.00/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- The 5,015 square-foot building benefits from its busy position fronting North Roan Street with over 25,000 vehicles per day passing this location.
EXECUTIVE SUMMARY
Prime Multi-Tenant Net-Leased Investment – North Roan Street, Johnson City, TN
Now available for purchase, this 5,015 SF multi-tenant retail property occupies a high-visibility corner site on bustling North Roan Street—one of Johnson City’s premier commercial corridors with traffic counts exceeding 25,000 vehicles per day. The property is 100% leased to two established, long-time tenants—TitleMax and Rocky Top Vapor—offering stable cash flow and excellent financial performance.
Property Highlights
• Exceptional Location: Just ¼ mile from I-26, Exit 20, with dual access via North Roan Street and Mark Twain Court.
• Strong Curb Appeal: Building and grounds are professionally managed and meticulously maintained, featuring a new roof and fresh exterior paint (2024).
• Ample Parking: Large, level, paved parking lot to accommodate tenant and customer needs.
• Vibrant Surroundings: Immediate neighbors include AT&T Call Center, Staybridge Suites, Mr. K’s Used Books, Sonic Drive-In, with The Mall at Johnson City, Jos. A. Bank, Talbots, and Holiday Inn just minutes away.
Tenant Overview
• TitleMax: A leading provider of automobile-backed title loans and title pawn products, TitleMax operates 1,000+ stores in 16 states under the TMX Finance Family of Companies. Founded in 1998 and headquartered in Savannah, GA, the company serves consumers seeking alternative credit solutions.
• Rocky Top Vapor: The Tri-Cities’ first and original vape shop, Rocky Top Vapor has grown to multiple regional locations, offering a wide range of vaping products and accessories to a loyal customer base.
Market Advantage
Johnson City was named the #1 most desirable U.S. city to relocate to in Travel & Leisure (June 2025). Nestled in the Appalachian foothills just an hour north of Asheville, NC, this dynamic university town is celebrated for its strong economy, quality of life, and abundant outdoor recreation opportunities.
Confidentiality & Financials
Comprehensive financials are available upon execution of a Confidentiality Agreement / Non-Disclosure Agreement (CA-NDA). For access to full financial data, buyers must provide a bank verification letter confirming financial capability to purchase at the list price, along with fully executed CA-NDA documentation.
Now available for purchase, this 5,015 SF multi-tenant retail property occupies a high-visibility corner site on bustling North Roan Street—one of Johnson City’s premier commercial corridors with traffic counts exceeding 25,000 vehicles per day. The property is 100% leased to two established, long-time tenants—TitleMax and Rocky Top Vapor—offering stable cash flow and excellent financial performance.
Property Highlights
• Exceptional Location: Just ¼ mile from I-26, Exit 20, with dual access via North Roan Street and Mark Twain Court.
• Strong Curb Appeal: Building and grounds are professionally managed and meticulously maintained, featuring a new roof and fresh exterior paint (2024).
• Ample Parking: Large, level, paved parking lot to accommodate tenant and customer needs.
• Vibrant Surroundings: Immediate neighbors include AT&T Call Center, Staybridge Suites, Mr. K’s Used Books, Sonic Drive-In, with The Mall at Johnson City, Jos. A. Bank, Talbots, and Holiday Inn just minutes away.
Tenant Overview
• TitleMax: A leading provider of automobile-backed title loans and title pawn products, TitleMax operates 1,000+ stores in 16 states under the TMX Finance Family of Companies. Founded in 1998 and headquartered in Savannah, GA, the company serves consumers seeking alternative credit solutions.
• Rocky Top Vapor: The Tri-Cities’ first and original vape shop, Rocky Top Vapor has grown to multiple regional locations, offering a wide range of vaping products and accessories to a loyal customer base.
Market Advantage
Johnson City was named the #1 most desirable U.S. city to relocate to in Travel & Leisure (June 2025). Nestled in the Appalachian foothills just an hour north of Asheville, NC, this dynamic university town is celebrated for its strong economy, quality of life, and abundant outdoor recreation opportunities.
Confidentiality & Financials
Comprehensive financials are available upon execution of a Confidentiality Agreement / Non-Disclosure Agreement (CA-NDA). For access to full financial data, buyers must provide a bank verification letter confirming financial capability to purchase at the list price, along with fully executed CA-NDA documentation.
DATA ROOM Click Here to Access
- Third Party Reports
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,015 SF
Building Class
B
Year Built
1993
Price
$1,474,400
Price Per SF
$294.00
Cap Rate
5%
NOI
$73,720
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.69 AC
Zoning
B-4
Parking
30 Spaces (5.98 Spaces per 1,000 SF Leased)
Frontage
100’ on Roan St
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 038H-A-020.00 | Improvements Assessment | $123,240 |
| Land Assessment | $133,600 | Total Assessment | $256,840 |
PROPERTY TAXES
Parcel Number
038H-A-020.00
Land Assessment
$133,600
Improvements Assessment
$123,240
Total Assessment
$256,840
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2617 N Roan St
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