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3201 Peoples St
Johnson City, TN 37604
Retail Property For Sale
Investment Highlights
- Central Location in Johnson City MSA
- 7.5% Percent Rental Increases Every Five Years Throughout the Lease Term and in Option Periods
- 10 Minutes from East Tennessee State University (15,250 Students Annually)
- Over 26 Years Remaining on Absolute Triple-Net (NNN) Lease
- Located Along Peoples St, Connected to N State of Franklin Rd and I-26 / U.S. Rte 23 / James H Quillen Pkwy (184,086 Combined Cars per Day)
- 158,787 Residents within Ten-Mile Radius
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,120 SF
Building Class
B
Year Built/Renovated
2001/2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.85 AC
Zoning
CS - Commercial
Parking
48 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
397’ on Peoples St
Property Taxes
| Parcel Number | 037F-B-012.00 | Improvements Assessment | $247,600 |
| Land Assessment | $350,600 | Total Assessment | $598,200 |
Property Taxes
Parcel Number
037F-B-012.00
Land Assessment
$350,600
Improvements Assessment
$247,600
Total Assessment
$598,200
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