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Former JC Penney Downtown 309 E Main St
6,359 - 13,412 SF of Office/Retail Space Available in Johnson City, TN 37601
Highlights
- Part of The Henry, a renovation/revitalization project
- Approx. 1.5 miles from ETSU
- Just off I-26, exit 23
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
1st Floor | 7,053 SF | 17’ | Negotiable | $8.00 /SF/YR $0.67 /SF/MO $86.11 /m²/YR $7.18 /m²/MO $4,702 /MO $56,424 /YR | Triple Net (NNN) | |
2nd Floor, Ste Mezzanine | 6,359 SF | 17’ | Negotiable | $8.00 /SF/YR $0.67 /SF/MO $86.11 /m²/YR $7.18 /m²/MO $4,239 /MO $50,872 /YR | Triple Net (NNN) |
1st Floor
Space is available for sale or lease in the former JC Penney building, which is part of The Henry renovation/revitalization project in Downtown Johnson City. Included is 7,053 SF first-floor retail/office and a 6,359 SF mezzanine. Basement is not included but can be made available. Space available is approximate and is subject to change. The property is located just off I-26, exit 23, and is approx. 1.5 miles from East Tennessee State University.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Mostly Open Floor Plan Layout
- Fits 18 - 57 People
- Finished Ceilings: 17’
- Can be combined with additional space(s) for up to 13,412 SF of adjacent space
- Sprinklered
- 17' ceiling height
- Basement can be made available
2nd Floor, Ste Mezzanine
Space is available for sale or lease in the former JC Penney building, which is part of The Henry renovation/revitalization project in Downtown Johnson City. Included is 7,053 SF first-floor retail/office and a 6,359 SF mezzanine. Basement is not included but can be made available. Space available is approximate and is subject to change. The property is located just off I-26, exit 23, and is approx. 1.5 miles from East Tennessee State University.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Mostly Open Floor Plan Layout
- Fits 16 - 51 People
- Finished Ceilings: 17’
- Can be combined with additional space(s) for up to 13,412 SF of adjacent space
- Sprinklered
- 17' ceiling height
- Basement can be made available
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 309 E Main St , Johnson City, TN 37601
Property Type | Retail | Gross Leasable Area | 34,100 SF |
Property Subtype | Storefront Retail/Office | Year Built | 1920 |
Property Type | Retail |
Property Subtype | Storefront Retail/Office |
Gross Leasable Area | 34,100 SF |
Year Built | 1920 |
About the Property
Space is available for sale or lease in the former JC Penney building, which is part of The Henry renovation/revitalization project in Downtown Johnson City. Included is 7,053 SF first-floor retail/office and a 6,359 SF mezzanine. Basement is not included but can be made available. Space available is approximate and is subject to change. The property is located just off I-26, exit 23, and is approx. 1.5 miles from East Tennessee State University.
- Air Conditioning
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Former JC Penney Downtown | 309 E Main St
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