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3027 Peoples St
Johnson City, TN 37604
Starbucks DT in Johnson City TN (Brand New) · Retail Property For Sale

Investment Highlights

  • Brand New Drive-Thru Starbucks (NASDAQ: SBUX)
  • Adjacent to Tennessee’s #1 Sam’s Club (2.4M visits annually per Placer.ai)
  • Interstate 26: 44,000 VPD | Franklin Road: 38,000 VPD
  • Secure 10-year lease with rare 10% rental increases every 5 years
  • Prime location in city’s main retail corridor, surrounded by major retailers like Walmart, Lowe’s, and Sam’s Club
  • Starbucks corporate-backed lease with investment-grade credit (BBB+)

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,540 SF
Building Class
A
LoopNet Rating
5 Star
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.26 AC
Zoning
B
Parking
45 Spaces (17.72 Spaces per 1,000 SF Leased)
Frontage
152’ on Peoples Street

Amenities

  • Signalized Intersection
  • Drive Thru

Property Taxes

Property Taxes

Parcel Number
090037E A 00202
Land Assessment
$335,880
Improvements Assessment
$350,600
Total Assessment
$686,480
  • Listing ID: 34006527

  • Date on Market: 11/26/2024

  • Last Updated:

  • Address: 3027 Peoples St, Johnson City, TN 37604

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