2306 Browns Mill Rd
Johnson City, TN 37604
Take 5 Oil Change · Retail Property For Sale

Zero Landlord Responsibilities: This asset is offered as a ground lease through a sale-leaseback structure commencing at closing. This
opportunity leaves the landlord with no maintenance, insurance, or tax obligations, offering a truly passive investment.
Strong Lease Terms: The 15 year initial lease term with an additional 20 years in option periods, along with the scheduled 10% rent increases
every five years, ensure long-term reliable income, cash flow stability, and a hedge against inflation over the hold period.
Attractive Low Price Point: Offered at just under $1.2 million, this investment opportunity presents a well-located asset with stable cash flows
and a proven, established tenant, at a relatively low price point.
Nationally Recognized, Rapidly Growing Tenant: Take 5 Oil Change, ranked #27 on Entrepreneur’s 2025 Fastest-Growing Franchises list,
operates over 1,100 locations across the U.S. and Canada. The brand continues to experience strong expansion, driven by increasing demand
for quick and reliable automotive services.
Experienced Franchisee: WSM Ventures, a 2024 Franchisee of the Year nominee and one of the Top 20 Take 5 Oil Change franchisees nationally,
currently operates 14 Take 5’s throughout the Southeast and has 5+ years of Take 5 operating experience.
Rapidly Growing Market: Johnson City, TN was named the #1 U.S. city people want to move to in 2025, according to moveBuddah, with supporting
recognition from Travel + Leisure and Southern Living. The area benefits from strong population growth and a favorable economic outlook.
Prime Retail Corridor Location: Located on N Roan St (±22,400 VPD), and with excellent interstate access situated ±0.25 miles from I-26
(±61,700 VPD), this property is ideally located within close proximity to strong retail presences, such as Target, Kroger, TJ Maxx, Chick-fil-A,
Starbucks, and the Mall at Johnson City.