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3023 Peoples St
Johnson City, TN 37604
Guitar Center · Retail Property For Sale
Investment Highlights
- Brand New 10-Year Net Lease to Guitar Center with Scheduled Rental Escalations in Primary Term and at Options
- Robust Demographics in Surrounding Area - Total Daytime Population of 96,147 within 5 Mile Radius
- Prominent Retail Location within Dense Super-Regional Retail Hub - Trade Area Spans 4 States
- Excellent Access and Visibility at I-26 & TN-381 Junction - Combined AADT of 62,140
- Excellent Co-Tenancy Adjacent to New Hobby Lobby, Guitar Center, and Medical Office
- Approximately 3.5 Miles from East Tennessee State University - Student Body of Approximately 15,000 and Staff of 2,450
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,125 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
1.02 AC
Zoning
C - Commercial
Parking
25 Spaces (2.25 Spaces per 1,000 SF Leased)
Frontage
140’ on Peoples Street
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 090037E A 00203 | Improvements Assessment | $535,760 |
| Land Assessment | $284,200 | Total Assessment | $819,960 |
Property Taxes
Parcel Number
090037E A 00203
Land Assessment
$284,200
Improvements Assessment
$535,760
Total Assessment
$819,960
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