Roan Street and I-26 C-Store Property

Retail-Commercial for Sale
Catylist Listing ID: 29778401
Property Subtypes: Convenience Store, Free-Standing Building, Service Station/Gas Station, Street Retail, Vehicle Related
Building Size (RSF): 1,540 SF
Gross Building Area: See Agent
Sale Price: $499,000
Unit Price: $324.03 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: 16.94%
Last Updated: 7/11/2019

Overview / Comments

OWNER MOTIVATED - NEW LOWER PRICE! Ideal Johnson City location! This c-store property sits at the intersection of North Roan Street and I-26 Exit 20, adjacent to Best Western hotel and the new Captain D's restaurant. Property has 1,540 sq ft building with a new roof and sits on just under half an acre parcel. Formerly under contract selling nationally branded gasoline, now unbranded providing a new owner unrestricted fuel supplier opportunities. CAP Rate 16.94%.

Store has a busy drive up window, excellent financials will be provided to a qualified buyer. Also suited to re-purposing or redevelopment. Owner will also consider lease or lease purchase to qualified individual. Contact agent to discuss particulars.

Additional Details

Nearest MSA: Johnson City
County: Washington
Tax ID/APN: 090038H C 00802
Property Visibility: Excellent
Property Condition: Average

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,049 43,392 82,857
Median Age: 48.03 40.97 39.1
Households: 3,486 19,471 35,385
The information presented herein is provided as is, without warranty of any kind. Neither Northeast Tennessee Association of REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.