Chipotle with Chipotlane - 4130 Roberts ln

Morristown, TN 37814

• NNN Property
• Retail for Sale
• $4,454,435 CAD
• 2,325 SF

Morristown Retail for Sale

Positioned within the dynamic Bellwood Farms retail development, this Chipotle outparcel offers investors a rare opportunity to acquire a brand-new, net-leased asset backed by a corporate guaranty from Chipotle Mexican Grill (NYSE: CMG). The property spans 2,325 square feet on 0.77 acres and is part of a 140,000-square-foot power center anchored by Publix, Academy Sports, and Petsmart, with additional national tenants including Starbucks, Panda Express, and Whataburger (coming soon). The center is slated to open in Q4 2026, ensuring strong co-tenancy and foot traffic. The lease structure is a 15-year absolute NNN with fixed 10% rent escalations every five years, beginning October 2025. Chipotle’s latest prototype store includes a Chipotlane drive-thru, enhancing convenience and boosting sales potential. Located minutes from I-81 and within a 45-minute drive to Knoxville and the Great Smoky Mountains National Park, the site benefits from regional connectivity and tourism draw. Morristown’s growing population and household income levels further support long-term stability. This offering combines a top-tier tenant, strategic location, and passive income structure in a state with no income tax, making it an ideal choice for investors seeking reliable returns and minimal management.

Contact:

Market Street Retail Advisors

Property Subtype:

Fast Food

Date on Market:

2025-09-24

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Dutch Bros Coffee - 500 E Broadway Blvd

Jefferson City, TN 37760

• NNN Property
• Retail for Sale
• $4,011,044 CAD
• 950 SF

Jefferson City Retail for Sale

SRS Real Estate Partners is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, newly built, corporate guaranteed, Dutch Bros investment property located in Jefferson City, TN. The tenant, BB Holdings TN, LLC, recently signed a brand new 15-year lease with 3 (5-year) option periods, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and options, growing NOI and hedging against inflation. The lease is guaranteed by Boersma Bros, LLC and is absolute NNN with zero landlord responsibilities, making this an ideal, management-free investment property for a passive investor. The recently opened asset features a state-of-the-art design constructed with the highest-quality materials available.

Contact:

SRS Real Estate Partners

Property Subtype:

Fast Food

Date on Market:

2025-03-05

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24 Hrs Top 10% Placer Nationally $3.25 Sales - 132 E Broadway Blvd

Jefferson City, TN 37760

• NNN Property
• Retail for Sale
• $5,935,335 CAD
• 14,470 SF

Jefferson City Retail for Sale

We are pleased to present the Walgreens property located at 132 E. Broadway Blvd in Jefferson City, Tennessee ("The Property") for sale. This property has been operating successfully for over 18 years and currently has 5 years of firm term remaining before the 10 (5-year) option periods. Walgreens is operating on an absolute triple net lease which provides for no landlord obligations whatsoever. This 24-hour Walgreens store is ranked in the top 10% of all Walgreens locations nationwide for customer visits, according to Placer.Ai. The property offers investors the opportunity to acquire a high-sales Walgreens location, which is one of the chain's highest-trafficked locations. Strategically located two miles east of Jefferson Memorial Hospital, the Property benefits from being positioned adjacent to a CVS and within a trade area with no other Walgreens for over 11 miles. It is also situated less than half a mile from Carson-Newman University, which enrolls approximately 2,585 students. Additionally, Oshkosh Corporation, a Fortune 500 company, operates a 500,000-square-foot facility in Jefferson City. The Property is part of a well-established retail corridor that has over 964,000 square feet of retail space. Jefferson City is located along Andrew Johnson Highway (U.S. Route 11E), which runs through Tennessee and into Virginia. The city is 28 miles northeast of Knoxville and 13 miles southwest of Morristown, providing direct access to both cities. Listed in association with Brian Brockman, 513-898-1551, wg@bangreatly.com, TN DRE Lic. #343847.

Contact:

Pharma Property Group- Drugstore Specialists

Property Subtype:

Drug Store

Date on Market:

2024-10-21

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521 S Cumberland St

Morristown, TN 37813

• NNN Property
• Retail for Sale
• $1,745,951 CAD
• 9,171 SF

Morristown Retail for Sale

This store is located along S Cumberland St (+13,250 VPD) in the heart of Morristown, and is situated directly between College Square Mall, the downtown district, Morristown East High School, Morristown West High School, Lincoln Heights Elementary, Walters State Community College, Tennessee College of Applied Technology (TCAT), any many other national retailers, public parks, medical facilities, etc.

Contact:

Matthews Real Estate Investment Services

Date on Market:

2025-06-04

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