2307 North Roan Street, Johnson City, TN
Retail for Sale - $1,482,447 - 2,952 Sq. Ft. on 0.36 acres

Property Info
| CIMLS# | 93629 |
| Location 2307 North Roan Street Johnson City TN 37601 | |
| Updated | May 19th, 2009 |
| Type | Retail |
| Price | $1,482,447 |
| Building | 2,952 Sq. Ft. |
| Land | 0.36 acres |
Property Description
Marcus & Millichap presents a single-tenant Absolute Net Leased 'Allcare Dental' in Johnson City, Tennessee. Located on a hard corner at a lighted Intersection, Allcare Dental has a new all brick building with a Fifteen Year Absolute Net Lease. The lease includes ten percent increases every five years. Additionally there are three, five-year options 10% increases every 5 years.
Allcare Dental corporately guarantees their lease, and all expenses, including Roof and Structure, will be the Tenant's responsibility. A new Owner can also charge Allcare Dental a three percent Management Fee of gross rents, and capitalize on another $2,197 annually. Allcare Dental is a privately owned network of full service, value-oriented, retail dental centers, and is ranked one of the most successful Healthcare Companies in 2008 by Inc. Magazine .
Allcare generates revenue from their full comprehensive dental services, with a strong focus on removable Prosthodontics (dentures). Allcare Dental is headquartered in Buffalo, New York, and operates 50+dental centers throughout New York, Pennsylvania, Ohio, Michigan, New Hampshire, Indiana, Illinois, Tennessee and Wisconsin. Additional facilities will be opening throughout 2008 in New York, Ohio, New Hampshire, Indiana, Michigan, Illinois, Wisconsin, Maine, Connecticut, Massachusetts, West Virginia, and Kentucky.
Johnson City, Tennessee is the principal city of the Johnson City Metropolitan area. The metro area has a population of over 180,000. This thriving city is currently ranked 25th in Forbes Magazine's list of "Best Small Place for Business and Careers".
