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26906631
26906633

2617 N Roan St, Johnson City, TN 37604 For Sale

GP
TN TN 326486, VA VA 0225224327
TCI Group – Jerry Petzoldt Agency LLC
Listed by TCI Group – Jerry Petzoldt Agency LLC
$1,474,400
310 days on market
Updated 25 days ago

2617 N Roan St

Details
Property Type Land, Retail
Sub Type Commercial, Strip Center
Square Footage 5,015
Net Rentable (SqFt) 5,015
Units 2
Cap Rate 5.00%
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $294
Class A
Year Renovated 2024
Buildings 1
Stories 1
Acreage 0.690
Zoning B-4
Parking Spaces 28 spaces
Parking per 1,000 SqFt 5.58
Investment Type Net Lease
Tenant Credit No Credit Rating
Ownership Sole Proprietorship

Excellent investment high value property with long term tenants

Marketing description

ATTENTION INVESTORS!!!

Prime Multi-Tenant Net-Leased Investment – 2617 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. See Investment Strategy document for full positioning, renewal outlook, and redevelopment potential by clicking the FLYER Tab.

Listing Contacts

GP
TN TN 326486, VA VA 0225224327
TCI Group – Jerry Petzoldt Agency LLC
Listed by TCI Group – Jerry Petzoldt Agency LLC

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Additional Information

Name
Glenn Perkins
License
TN 326486
Brokerage Phone
4232300255
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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