401 Elm Street

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401 Elm Street

Johnson City, TN 37601
Asking Price
Contact for price
Asset Type
Storefront Retail
Class
Class B

What's Special

61,000+ daily traffic • Income-producing multi-unit property • Prime I-26 visibility & flexible comm <p><span style="color: rgba(0, 0, 0, 1)"> Located just off I-26 and Exit 22, at the corner of Elm Street and E Myrtle Ave, this 4,147 sq ft commercial building offers exceptional visibility from I-26 with an average daily traffic count of over 61,000 vehicles. The property features three individual commercial units, two of which are currently occupied providing immediate rental income. The remaining vacant unit is currently configured with multiple offices, offering flexibility for office, retai

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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