www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
27607534
29291044

417 S Broadway St, Johnson City, TN 37601

GP
TN TN 326486, VA VA 0225224327
TCI Group – Jerry Petzoldt Agency LLC
DL
TN 384302
TCI Group – Jerry Petzoldt Agency LLC
Listed by TCI Group – Jerry Petzoldt Agency LLC
$903,060
237 days on market
Updated 36 days ago

Broadway Avenue Strip Center

Details
Property Type Retail, Office
Sub Type Convenience Store, Grocery Store (+1)
Square Footage 10,380
Tenancy Vacant
Lease Type NNN
Price per SqFt $117
Buildings 1
Stories 1
Acreage 1.020
Zoning B-4 (Commercial)
Parking Spaces 42 spaces
Parking Per SqFt 4.05

owner-user or investment opportunity with excellent visibility, strong surrounding residential densi

Marketing description

For Sale or For Lease - Positioned along one of Johnson City’s established commercial corridors, this ±10,380 SF freestanding former Family Dollar presents a compelling owner-user or investment opportunity with excellent visibility, strong surrounding residential density, and flexible B-4 Commercial zoning. There is also a 1200 square foot space which has been previously demised and available for lease separately from the entire space.

Constructed in 2005, the building is situated on ±1.02 acres and is fully served by all city utilities, including natural gas. The site features a ±14,500 SF paved and striped parking field with 42 parking spaces, along with an existing pylon sign, providing strong curb appeal and exposure along South Broadway.

The property’s efficient rectangular footprint and parking configuration support a wide range of uses including value retail, medical/urgent care, service retail, showroom, specialty grocery, or redevelopment into multi-tenant space (subject to zoning and approvals). Former national credit tenancy further enhances the building’s functionality and adaptability.

South Broadway serves as a primary neighborhood retail corridor connecting residential neighborhoods with downtown Johnson City, East Main Street, and major employment centers. The property benefits from consistent local traffic, strong daily-use demand, and proximity to established retailers, housing, and service businesses. Also for lease, see separate listing.

Investment highlights

  • Sale Price: $87.00 per SF
  • Lease Rate: $10.50 per SF NNN
  • Building Size: ±10,380 SF (freestanding)
  • Land Area: ±1.02 acres
  • Parking: 42 striped spaces (±14,500 SF paved)
  • Zoning: B-4 Commercial
  • Year Built: 2005
  • Utilities: All city services including natural gas
  • Signage: Existing pylon sign
  • Former National Tenant: Family Dollar
  • DEMOGRAPHICS & MARKET OVERVIEW
  • Johnson City, TN
  • Population: ~71,000+
  • Median Age: ~35 years
  • Median Household Income: ~$55,000
  • Employment Base: Healthcare, education, manufacturing, and regional services
  • Retail Market Conditions: Historically tight retail vacancy with stable neighborhood demand driven by surrounding residential density and regional draw

Listing Contacts

GP
TN TN 326486, VA VA 0225224327
TCI Group – Jerry Petzoldt Agency LLC
DL
TN 384302
TCI Group – Jerry Petzoldt Agency LLC
Listed by TCI Group – Jerry Petzoldt Agency LLC

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Glenn Perkins
License
TN 326486
Brokerage Phone
4232300255
Name
David Long
License
384302
Brokerage
TCI Group
Brokerage Phone
4236772486
Title
Real Estate Broker Affiliate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591