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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Kingsport Flex Industrial Investment - 444 W Center St

Kingsport, TN 37660

• NNN Property
• Flex for Sale
• $1,300,065 CAD
• 7,750 SF

Kingsport Flex for Sale - Downtown Kingsport

Sale/Leaseback opportunity in Downtown Kingsport. 444 W Center Street is an approximately 7,750 SF flex industrial single tenant building with an existing lease in place. Building sits on .38 acres with 3 Phase power, a drive in door and 16' clearance in the warehouse.

Contact:

Providence Commercial Real Estate

Date on Market:

2025-08-04

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Pizza Hut - Pennington Gap VA - 42485 E Morgan Ave

Pennington Gap, VA 24277

• NNN Property
• Retail for Sale
• $1,458,810 CAD
• 2,304 SF

• Restaurant

Pennington Gap Retail for Sale

• The tenant, Tasty Hut, LLC, has entered into a brand new 17 year lease with 4 (5-year) options to extend, demonstrating their commitment to the site • Tasty Restaurant Group, LLC is an experienced QSR franchisee with over 450 restaurants strong across 23 states operating under six iconic brands: Pizza Hut, Burger King, Dunkin’, Baskin-Robbins, Kentucky Fried Chicken and Taco Bell brands • The lease features annual rental increases of 1.50% throughout initial term and option periods, generating NOI and hedging against inflation

Contact:

SRS Real Estate Partners

Property Subtype:

Restaurant

Date on Market:

2025-05-12

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8.50 Cap Tax Free State Walgreens - 4210 N Roan St

Johnson City, TN 37601

• NNN Property
• Retail for Sale
• $5,506,159 CAD
• 14,820 SF

Johnson City Retail for Sale

Colliers is pleased to present a premier retail investment opportunity located at 4210 N. Roan Street, Johnson City, Tennessee. This property represents a dominant drugstore asset with over 8.5 years of firm lease term remaining, perfectly positioned to thrive in a rapidly growing trade area. Situated on a signalized hard corner at the intersection of N. Roan Street and Carroll Creek Road, this 14,820 SF single-tenant retail building commands a strategic presence in North Johnson City’s bustling retail corridor. The surrounding area is a vibrant hub of activity, featuring major retailers such as Food City, Dollar General, Hardee’s, O’Reilly Auto Parts, and McDonald’s, ensuring consistent consumer traffic and long term viability. The property sits on a generous 2.04-acre lot, offering a modern design with a convenient drive-thru and 55 parking spaces (3.73/1,000 SF ratio). Built in 2008, this Class B asset boasts 161 feet of frontage along Carroll Creek Road, enhancing accessibility and visibility. The absolute NNN lease structure, with zero landlord responsibilities, delivers a hands-off investment with an annual rent of $342,000, providing stability and ease of ownership. Located in a state with no income tax, this opportunity is further enhanced by Tennessee’s favorable tax climate. With its proximity to major retail centers like Walmart, Target, and Johnson City Crossings, and supported by a growing population and a robust local economy driven by East Tennessee State University and the “Med-Tech” corridor, this property is poised to remain a cornerstone of the community for years to come.

Contact:

Colliers

Property Subtype:

Drug Store

Date on Market:

2023-06-23

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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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