Published on: Monday, October 7, 2024
Updated on: Monday, April 28, 2025
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About the Lister
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Name: Jack Cornell
Company: SRS Real State Partners
Office Phone: (801) 410-1621
Cell Phone: (801) 410-1621
Provide Your Service
Financing  Business  Material
  American Fundraising Group, Johnson City, TN
4521 Bristol Hwy Piney Flats Tennessee , 37686
4521 Bristol Hwy Piney Flats Tennessee                                                                                           , 37686  SRS Real State Partners
Listing ID: CL-Tennessee-12342

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 8.45
Net Operating Income: $150,000.00
Commission Split (%): 0
Quick Glance
Listing ID: CL-Tennessee-12342
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 1984
Building Size: 15,313.00 SqFt
Lot Size: 53,966.00 SqFt.
No of Stories: 1
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: Yes
Is Net Lease Investment: Yes
Property On Ground Lease: Yes
Building Status: Existing
Attached Documents
Listing Summary
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, freestanding American Fundraising Group investment property located in Piney Flats, Tennessee (Johnson City MSA).
Complete Details
Year Build: 1984
Building Size: 15,313 SqFt.
No of Stories: 1
Total Lot Area: 53966 SqFt.
No of Parking: N/A
No of Total Units: 1
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: B
Property on Ground Lease?: Yes
Net Lease Investment?: Yes
Business Price Included?: Yes
Roofing: Not Specified
Occupancy: 0%
Full Description

Description SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, freestanding American Fundraising Group investment property located in Piney Flats, Tennessee (Johnson City MSA). The tenant, American Fundraising Group recently signed a brand new 5-year lease with no options to extend, demonstrating their commitment to the site. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor. Location The property is located along Bristol Hwy, which averages 25,700 vehicles passing by daily and is a major retail thoroughfare serving the city of Piney Flats. The Industrial building is positioned across Bristol Hwy from a Tractor Supply Co and Dollar General, which helps draw consumers into the trade area. Additionally, the asset located east of Interstate 26, a major north/south travelling highway that averages more than 37,500 vehicles passing by daily. Furthermore, the property is in the center of a primary retail corridor with other nearby national/credit tenants including Food City, Shell, Cracker Barrel, and more, further increasing consumer traffic to the site. The building benefits from excellent visibility and access via significant street frontage. The 5-mile trade area is supported by a population of over 40,100 with an average household income of $102,044.

Additional Properties
Property Highlights
  • Brand New 5-Year Lease | Primary School Fundraising Company | Growing Regional Company
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Bristol Hwy (25,700 VPD) | Nearby Strong Retail Tenants | Interstate 26 (37,500 VPD) | Primary Retail Corridor
  • Strong Demographics in 10-Mile Trade Area | Six-Figure Incomes
Features
  • Year Renovated 2005
  • Zoning B-4 - General Commercial
  • Ownership: Fee Simple (Land & Building)
  • Parcel Number 082134 02885
  • Year Renovated 2005
  • There are approximately TBD parking spaces on the owned parcel.
Actual - Cash Flow
Cash Flow Year Gross Income Effective GrossIncome Operating Expenses Net Operating Income Pre Tax Cash Flow Cap Rate
2024
$0.00
$0.00
$0.00
$150,000.00
$0.00
0%
Cash Flow for Current Listings
Listing Location
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35964 Winchester Rd , Winchester California                                                                                           92596
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1275 N. Hill Field Road , Layton Utah                                                                                                 84041
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17550 Hwy 19 , New London Missouri                                                                                             63459
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1834 W. Grant Street , Phoenix Arizona                                                                                              85007
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4315 Pickett Rd , Saint Joseph Missouri                                                                                             64503