University Center is a new ground-up retail development in Johnson City, TN, commencing in Fall 2015.  Starbucks is anchoring the Phase 1 building in a 2050sf restaurant end-cap.  4,158sf remain available for restaurant or retail occupancy.

Phase 2 consists of a parcel for land lease or an 8,460 sf retail building for restaurant or retail space.

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View of University Center from the West, looking towards University Pwky.  The new Monarch Student Housing development is seen to the rear (500 + beds) and the ETSU baseball stadium is just across University Pkwy.  State of Franklin is in the near-ground, and ETSU main campus is immediately across State of Franklin.  There is right-in, right-out access in front of the shop space, and full-movement access at the signaled intersection to the West of the property.

View of University Center from the West, looking towards University Pwky.  The new Monarch Student Housing development is seen to the rear (500 + beds) and the ETSU baseball stadium is just across University Pkwy.  State of Franklin is in the near-ground, and ETSU main campus is immediately across State of Franklin.  There is right-in, right-out access in front of the shop space, and full-movement access at the signaled intersection to the West of the property.

 

FAST FACTS:

~ 2.5 acres in front of East Tennessee State University

Pad site(s) or 8-15,000sf retail strip.

Intersection of 2 high traffic arterial roads

Neighboring Businesses Include Ruby Tuesday’s, Wellingtons (a white table-cloth restaurant), & the Carnegie Luxury Hotel & Spa.

Neighboring Institutions are East Tennessee State University with nearly 16,000 students and 1,990 employees; VA Hospital; Quillen College of Medicine with 1,259 employees; the public / private Millennium Center; and Mountain States Healthcare Alliance regional hospital with 3,541 employees.

Adjacent to the site are the Millennium Trail; a new ETSU baseball stadium; a 624 bedroom student housing development University Edge; and a new 526 bedroom student housing development Monarch 815.

Contact:

Developer  |  Aaron Ligon, Ligon CRE

Marketing  |  Heath Knott, Ligon CRE

 

East Tennessee State University

The subject property is located directly across State of Franklin Road from ETSU 

University enrollment increased from 2008 to 2012 to over 13,000 full time students, an increase of nearly 48% over a 4 year period

Enrollment continues to increase annually – enrollment for 2013 is 15,536 full time students

Graduate programs are anchored around a strong and established medical school, a brand new pharmacy school, and the projected addition of a new dental school planned for 2015

Quillen College of Medicine

The Quillen College of Medicine is located 600 yards from the subject property

Johnson City Medical Center

This prestigious healthcare institution is located within 1.1 miles of the subject property

Mountain state Health Alliance’s flagship facility is 501-bed regional tertiary referral center for the entire service area

JCMC is one of six Level 1 Trauma Centers in the state of Tennessee

JCMC Surgical Tower Expansion

The 156,000-square-foot surgery tower will feature 16 operating suites – each 30 percent larger to accommodate new technology and allow more space for clinicians to care for patients

The 69 million dollar expansion is expected to bring over 1,000 jobs to the area and is being constructed in accordance with the US Green Council Guidelines