607 Twin Oaks Dr - Service Station FOR SALE


Johnson City, TN 37601
$4,797,000 USD
954-302-7365
607 Twin Oaks Dr, Johnson City, TN for Sale
$4,797,000 USD
Service Station - FOR SALE
1/10
null | 6% Cap Rate

607 Twin Oaks Dr
Johnson City, TN 37601


HIGHLIGHTS

  • SEC Milligan Hwy & Twin Oaks Dr | East Tennessee State University | Directly Off I-26 | Surrounding Retailers | Dunkin’ Drive-Thru
  • 13+ Years Remaining | GPM Investments | 10% Rental Increases
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities | No State Income Tax

OVERVIEW

• The site is strategically located at the SEC of Milligan Hwy & Twin Oaks Dr averaging 12,800 VPD • Less then 2.5 miles from East Tennessee State University (10,000 students), providing a direct consumer base from which to draw • Right off I-26 (56,000 VPD), allowing users to benefit from direct on/off ramp access • More than 73,000 residents and 64,000 employees support the trade area • $71,927 average household income

FOR SALE DETAILS

PRICE

$4,797,000 USD

PRICE/SF

$601 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

GPM Investments (dba Roadrunner)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

69

LAND DETAILS

LAND ACRES

2.02 AC

LAND SF

87,991 SF

ZONING

C

APN/PARCEL ID

055A-H-003.00

ASK ABOUT THIS PROPERTY

Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.