Listing Summary
SRS National Net Lease is pleased to present an exceptional net lease acquisition opportunity situated within the rapidly growing Johnson City Metropolitan Statistical Area (MSA): 4521 Bristol Hwy, Piney Flats, TN 37686.
Full Description
Corporate American Fundraising Group Net Lease Investment For Sale: 4521 Bristol Hwy, Piney Flats, TN 37686
Highly Stable 15,313 SF Freestanding Flex Industrial Facility Featuring a Brand New 5-Year Absolute NNN Lease on a Dominant Regional Thoroughfare
SRS National Net Lease is pleased to present an exceptional net lease acquisition opportunity situated within the rapidly growing Johnson City Metropolitan Statistical Area (MSA): 4521 Bristol Hwy, Piney Flats, TN 37686. Offered as an incredibly stable, single-tenant income asset, this property generates a dependable Net Operating Income (NOI) of $150,000.
The offering represents a fee simple interest acquisition (land and building ownership) of a highly versatile 15,313 SF freestanding industrial/flex building. Currently 100% occupied under a fresh corporate agreement with American Fundraising Group, this property serves as an ideal, recession-resistant vehicle for an institutional portfolio or a 1031 exchange buyer looking to lock in highly secure cash flow within East Tennessee's tightest industrial and commercial corridor.
Brand New 5-Year Term & Absolute NNN Passive Income Simplicity
In the single-tenant net lease sector, clear lease terms and hands-off management are the absolute benchmarks of a secure, defensive investment. This Piney Flats asset provides elite, low-overhead fundamentals:
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Fresh Long-Term Tenant Commitment: Demonstrating a strong operational commitment to this specific location, American Fundraising Group recently signed a brand new 5-year lease. This fresh lease term guarantees immediate income stability for an incoming owner without near-term rollover concerns.
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True Absolute NNN Leased Structure — Zero Landlord Management: This lease is a pure absolute triple-net (NNN) contract, meaning the corporate tenant handles all day-to-day property expenses. With absolute zero landlord responsibilities, you are completely insulated from property upkeep, capital expenditures, tax administration, building insurance, or structural repair bills, making it an ideal "coupon-clipper" asset for passive or out-of-state investors.
Irreplaceable Street Frontage and Dominant Highway Interlocking Logistics
The foundational real estate value of 4521 Bristol Hwy is driven by its prominent positioning along a major transit artery, surrounded by established national brands that draw a steady, predictable flow of regional traffic:
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High-Volume Frontage on Bristol Highway: The property commands exceptional visibility and access via significant street frontage along Bristol Highway (U.S. Route 11E / U.S. Route 19E). This primary commuter and commercial thoroughfare serves as the absolute lifeline of Piney Flats, channeling a massive average of 25,700 vehicles passing by daily.
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Direct Synergy with National Retail Anchors: The industrial building is strategically positioned directly across Bristol Highway from a high-volume Tractor Supply Co. and a Dollar General. These established daily-needs commercial concepts act as a major neighborhood pull, continuously drawing regional consumers into the immediate trade area and driving immense crossover visibility to the subject site.
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Proximity to Interstate 26 Freight Corridor: Positioned just east of Interstate 26 (I-286), a major north/south traveling highway that handles an average of over 37,500 vehicles per day, the asset provides logistics fleets and employees with rapid, multi-point highway connectivity across the entire Tri-Cities region (Johnson City, Kingsport, and Bristol).
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Thriving Commercial Gravity Ring: The property sits in the center of Piney Flats' primary retail corridor, placing it shoulder-to-shoulder with other top-tier national credit tenants including Food City, Shell, and Cracker Barrel, significantly increasing regional consumer traffic around the asset.
Property Specifications & Financial Summary
| Investment & Structural Component |
Detail Specification & Financial Metrics |
| Property Asset Address |
4521 Bristol Hwy, Piney Flats, TN 37686 |
| Current Net Operating Income (NOI) |
$150,000 |
| Gross Leasable Area (GLA) |
15,313 ± Total Square Feet |
| Building Infrastructure Profile |
Freestanding Flex Industrial / Commercial Facility |
| Asset Occupancy Rating |
100% Fully Leased |
| Corporate Tenant Anchor |
American Fundraising Group |
| Lease Term Foundations |
Brand New 5-Year Lease |
| Lease Structure Type |
Absolute NNN Lease (Absolute Zero Landlord Tasks) |
| Primary Economic Market |
Johnson City MSA (Tri-Cities Region) |
Affluent Regional Demographics Inside a High-Growth Tennessee Trade Zone
The long-term tenant stability and underlying real estate value of this site are heavily reinforced by an established residential population base boasting excellent household wealth metrics:
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Substantial Regional Population Base: The 5-mile trade area is supported by an established, permanent population of over 40,100 residents, creating a reliable community workforce and a steady local consumer network.
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Exceptional Household Wealth Metrics: Local families in the immediate 5-mile trade radius boast an affluent average household income of $102,044. This high purchasing power indicates a robust local economy, supporting steady revenue for regional businesses and service providers.
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The East Tennessee Pro-Business Tax Environment: Located in a state with no individual income tax and an intensely pro-business legal climate, this asset offers real estate investors an excellent opportunity to shield their yields from aggressive state-level taxation compared to higher-tax coastal markets.
Core Investment Highlights & Acquisition Advantages
Net Lease Valuation Strategy: In the single-tenant net lease landscape, a freestanding flex industrial asset under a brand new absolute NNN lease represents a highly defensive investment class. Because the tenant handles all physical property overhead, the landlord is completely protected from inflation-driven construction or repair costs. Positioned directly across from a heavy traffic driver like Tractor Supply Co. on Bristol Highway, this 15,313 SF facility offers fantastic long-term land value alongside immediate passive cash flow.
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Secure Cash Flow from a Brand New Lease: Protect your equity by acquiring a property with a fresh 5-year lease contract, providing immediate income security with no near-term vacancy concerns.
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True 100% Passive, Hands-Off Ownership: Enjoy an entirely stress-free income stream with absolute zero landlord responsibilities—no building maintenance, no property management stress, and no structural repair liabilities.
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Irreplaceable Bristol Highway Visibility: Capture massive organic brand exposure from 25,700 daily vehicles on Piney Flats' primary commercial thoroughfare, further amplified by significant dedicated street frontage.
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Elite $102k+ Average Household Income Demographics: Anchor your real estate portfolio within a highly affluent Johnson City MSA submarket supported by over 40,100 residents and strong local purchasing power.
Contact our net lease investment sales team today to receive the complete physical offering memorandum, evaluate local parcel boundary maps, review the corporate lease agreement, or coordinate a secure site review of this premier freestanding absolute NNN flex industrial asset.
Quick Glance
- Listing ID:
CL-Tennessee-12342
- Status:
Active
- Year Build:
1984
- Building Size:
15,313 SqFt
- Lot Size:
53,966 SqFt