5207 North Roan Street

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5207 North Roan Street

Gray, TN 37615
Asking Price
$950K
Asset Type
Retail
Class
Class B

What's Special

5207 North Roan Street is situated in Gray, Tennessee, positioned along a primary commercial corridor connecting Johnson City and Kingsport. This area features a suburban character defined by a mix of established residential neighborhoods and professional service hubs. The property is located less than one mile from the Interstate 26 interchange, providing regional connectivity for commuters and logistics. Nearby amenities include national fast-food chains, local grocery stores, and the Appalachian Highlands Six Hundred park, which draws consistent through-traffic to the immediate vicinity. The property is suited for general retail use, such as specialty boutiques, convenience services, or showroom-based businesses. Its location and visibility make it a viable option for tenants seeking a high-traffic profile with easy customer access. Ideal tenant profiles include regional retail operators, healthcare-related service providers, or franchised businesses requiring proximity to major transit routes. The site supports operations that benefit from a steady flow of both local residents and regional travelers between the Tri-Cities hubs.

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NOI
$80,000
Cap Rate
8.42%
DSCR
1.42
Strong
Cash-on-Cash
8.28%
Monthly Payment
$4,699.587
Annual Cash Flow
$23,604.957

Location & Travel Times