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.
29291444
29291456

1201 US-19E, Elizabethton, TN 37643

GA
TN: 337697, VA: 225236575
The Addington Agency
Listed by The Addington Agency
$365,000
156 days on market
Updated 12 days ago

1201 Highway 19E Unit 2

Details
APN 041l A 022.05
Property Type Retail
Sub Type Convenience Store, Shopping Center (+1)
Square Footage 920
Net Rentable (SqFt) 920
Units 1
Cap Rate 9.86%
NOI $36,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 5
Lease Expiration 09/16/2030
Remaining Term 4.2
Rent Bumps Yes
Lease Options Two 5 year renewals
Pro-Forma Cap Rate 10.68%
Pro-Forma NOI $39,000
Price per SqFt $397
Year Built 2008
Zoning M2
Parking Spaces spaces
Investment Type Net Lease
Lease Commencement 09/16/2025

Retail in Elizabethton!

Marketing description

Looking for a passive investment property? Don't miss this one! Located at 1201 Hwy 19E and constructed in 2008, this state-of-the-art retail building is currently home to Buddie's Tobacco & Vape, operating under a NNN lease with 5 years remaining, annual rent escalations of $50, and two (5)-year renewal options—offering long-term stability and predictable returns. Strategically positioned in the heart of a rapidly growing market, this property sits along Hwy 19E, providing exceptional visibility and accessibility with over 17,000+ ADTC. Its central location allows for quick access to anywhere in Elizabethton, further enhancing its appeal to both tenants and investors. Zoned M-2 and situated within a high-density commercial corridor, this versatile asset presents not only a strong passive investment, but also future upside potential in a corridor that continues to see commercial demand. Whether you're an investor seeking passive income, a visionary capitalizing on a prime location, or simply looking for a safe place to deploy capital, opportunities of this caliber—at this price point—rarely come to market, and will not last long priced to sell at $365k. Call today to schedule your appointment! All information contained herein is gathered from third party sources, tax records, owner and is subject to buyers and buyers agent verification.

Investment highlights

  • Fully Leased
  • Renewal Options and Annual Rent Increases
  • High Visibility

Listing Contacts

GA
TN: 337697, VA: 225236575
The Addington Agency
Listed by The Addington Agency

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
$36,000.00
$3,000.00/mo

Valuation Metrics

0
DSCR
9.86%
Cap Rate
9.86%
ROI

Map

Zoning

Intelligence Badge
M-2 IndustrialHeavy Industrial
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 82 uses
View all 82 uses
Last updated Jan 22, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*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