2506 South Roan Street, Johnson City, TN 37604
Commercial property for sale
2506 South Roan Street, Johnson City, TN 37604
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- Description
- Great Investment Property!!! The Center sits on 10.7+/- acres. Family Dollar renewed with 9 Years remaining on lease. Other tenants include: LaPerla Mexican Restaurant, South Roan Video and Pawn, Boone Trail Outreach and Salvation Army. Discount Tobacco in free standing bldg. Center Updates total approx $450,000 over the past 5 years. NO Deferred Maintenance! 305 parking spaces ...with 2 acres of unused land for add'l parking spaces totaling up to 440+/- spaces if needed. New Roof installed November 2011 over the Anchor Space (current occupant - Salvation Army) Owner may consider carrying second mortgage with strong buyer financials. Within 2.5 miles of I-26 Property values in this area are stable to rising Current Income / Expenses available with signed confidentiality agreement.
- Property Details
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Building Name: South Roan Shopping Center Property Type: Retail Use Types: Strip Center Status: Available Number of Stories: 1 MSA: Johnson City Zoning: B4 Buildings: 2 Tenancy: Multiple Tenants Terms: Cash to Seller Added: 06/27/2012 Last Update: 01/17/2013 - Contact info
- 423-282-1176 [Office]
- Note
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