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GPM Investments, LLC (Roadrunner) 1702 W Market St 3,739 SF Retail Building Johnson City, TN 37604 $4,845,238 CAD ($1,295.86 CAD/SF) 6% Cap Rate

Retail Spaces Tennessee Johnson City 1702 W Market St, Johnson City, TN 37604

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INVESTMENT HIGHLIGHTS

  • 11+ Years of Remaining Term | Built in Rental Increases | Corporate Guaranty (GPM Investments - S&P: B+)
  • Fronting W Market St | Features Subway Inside C-Store | Nearby Retailers | Surrounding Consumer Base
  • Absolute NNN Lease | Fee Simple Ownership (Land & Building) |Zero Landlord Responsibilities
  • Demographics In Local Trade Area

EXECUTIVE SUMMARY

• The lease features a corporate guaranty by GPM Investments, a reputable brand with 3,600+ units nationwide and S&P: B+ credit score
• 11+ years of lease term remaining on the original 15-year base term with 4 (5-year) options to extend
• 10% rental increases every five years including options

ATTACHMENTS

Johnson City TN - Roadrunner (Market St)

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
3,739 SF
Building Class
C
Year Built
1996
Price
$4,845,238 CAD
Price Per SF
$1,295.86 CAD
Cap Rate
6%
NOI
$290,742 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.16 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
Commercial
Parking
25 Spaces (6.69 Spaces per 1,000 SF Leased)
Frontage
178’ on W Market St

AMENITIES

  • Corner Lot
  • Pylon Sign
1 1
Walk Score®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Truist Mortgage
First Horizon Bank
Krystal
Waffle House
The Fresh Market
Food City
Starbucks
Kroger
Earth Fare
Zaxby's

PROPERTY TAXES

Parcel Number 054A-B-007.00 Improvements Assessment $247,636 CAD
Land Assessment $451,106 CAD Total Assessment $698,742 CAD

PROPERTY TAXES

Parcel Number
054A-B-007.00
Land Assessment
$451,106 CAD
Improvements Assessment
$247,636 CAD
Total Assessment
$698,742 CAD
(954) 302-7365

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 37453690

  • Date on Market: 2025-08-28

  • Last Updated:

  • Address: 1702 W Market St, Johnson City, TN 37604

The Downtown Johnson City Retail Property at 1702 W Market St, Johnson City, TN 37604 is currently available. Contact SRS Real Estate Partners for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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GPM Investments, LLC (Roadrunner) | 1702 W Market St
(954) 302-7365 x

GPM Investments, LLC (Roadrunner) | 1702 W Market St

Patrick Nutt
(954) 302-7365

William Wamble
(813) 434-8278

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