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2005 N Roan St
Johnson City, TN 37601
Texas Roadhouse · Retail Property For Sale

Investment Highlights

  • Investment Grade Tenant with Long - Term Lease - BBB/Stable
  • Impressive Placer.ai Rankings with Limited Chain Competition (Top 4% Nationally)
  • Exceptional Regional Retail Corridor with Massive Trade – Area Draw
  • New Construction with Minimal Landlord Responsibilities | Zero CAM Responsibilities
  • Shadow – Anchored by Super-Regional Mall
  • Healthy Demos Highlighting Stable Consumer Spending

Executive Summary

CBRE is pleased to present, as the exclusive advisor, the opportunity to acquire 100% fee interest in a 7,999 SF Texas Roadhouse located in Johnson City, Tennessee. The Property is ideally positioned along a major arterial road with excellent visibility and access, ensuring high volumes of customer traffic. The asset is adjacent to the Mall at Johnson City, the #1 ranked mall within a 50-mile radius. The Mall at Johnson City serves as an excellent shadow-anchor for the Property and surrounding corridor, as the mall experienced over 6.32M visits in 2025, demonstrating its ability to attract customers from a wide trade area.
The Property is currently occupied by the high-performing national tenant, Texas Roadhouse, which has proven to be incredibly resilient in the casual dining sector. The Property contains an excellent lease term of 12.4 years and 10% rent bumps every 5 years, highlighting the durable income and long-term stability of the asset. For qualified investors, Texas Roadhouse proves to be a high-quality asset with durable income, outstanding tenant performance, and a prime location near a thriving super-regional mall with nearby regional access and connectivity.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,999 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2021
Price
$5,378,736 CAD
Price Per SF
$672.43 CAD
Cap Rate
5%
NOI
$268,937 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.04 AC
Zoning
B-4 - B-4, Arterial Business District

Amenities

  • Corner Lot
  • Pylon Sign
  • Signage
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
038P-F-008.00
Land Assessment
$2,746,408 CAD
Improvements Assessment
$3,444,392 CAD
Total Assessment
$6,190,800 CAD
  • Listing ID: 41365805

  • Date on Market: 2026-07-20

  • Last Updated:

  • Address: 2005 N Roan St, Johnson City, TN 37601

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