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    Johnson City, TN Drive Through Restaurants for Sale

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    NNN Lease Investment Opportunity
    Contact for pricing
    3,120 SF

    NNN Lease Investment Opportunity

    3201 Peoples St, Johnson City, TN 37604

    Long-term NNN lease with structured rental increases in high-traffic area.

    • Absolute NNN Lease providing passive ownership with 24+ years of remaining term extending through December 31, 2050, ensuring long‑term income stability.
    • Structured rental increases of 7.5% every five years throughout the initial term and all four 5‑year renewal options, guaranteeing consistent income growth.
    • Attractive in‑place yield at a 5.25% cap rate on $139,750 NOI, with contractual rent escalations driving yield above 7% during the initial term.
    • High‑traffic retail corridor location just off I‑26 / U.S. Route 23, benefiting from over 184,000 combined vehicles per day.
    • Prime retail location near The Mall at Johnson City, East Tennessee State University, and Johnson City Medical Center, surrounded by strong retail, education, and healthcare drivers.
    Updated: Mar 10
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    Johnson City Restaurant Opportunity
    Contact for pricing
    3,120 SF

    Johnson City Restaurant Opportunity

    3201 Peoples St, Johnson City, TN 37604

    Restaurant with long-term lease and renewal options until 2070.

    • Long‑term lease with over 26 years remaining.
    • Rental increases on multiple renewal option periods through 2070.
    • Located near major shopping centers and downtown Johnson City amenities.
    • Part of the Wendy's Company, the world’s third largest quick‑service hamburger company.
    • Built in 2010.
    Updated: May 13, 2025
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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Johnson City, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Prime Location Investment Opportunity
    Contact for pricing
    866 SF

    Prime Location Investment Opportunity

    B3 zoned property near future Hard Rock Casino.

    285 Gate City Hwy, Bristol, VA 24201
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    High Visibility Corner For Sale
    Contact for pricing

    High Visibility Corner For Sale

    Corner property with high traffic counts, ideal for QSR.

    1775 Old Airport Rd, Bristol, VA 24202
    View details
    Restaurant Opportunity Near Amazon Center
    Contact for pricing
    3,094 SF

    Restaurant Opportunity Near Amazon Center

    Freestanding restaurant with drive-thru near new Amazon fulfillment center.

    2904 Knoxville Center Dr, Knoxville, TN 37924
    View details
    New Restaurant with Drive-Thru
    $3,348,920

    New Restaurant with Drive-Thru

    New single-tenant restaurant with drive-thru for sale.

    6819 Maynardville Pike, Knoxville, TN 37918
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land on Boones Creek
    $1,265,000
    1.33 Acres

    Commercial Land on Boones Creek

    1.33 acres of commercial land ideal for retail.

    Boones Creek Rd, Johnson City, TN 37615
    View details

    Explore Off-Market Properties in Johnson City, TN

    Consider similar Off-Market properties in Johnson City, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    5201 Bobby Hicks Hwy

    5201 Bobby Hicks Hwy

    DRIVE-THRU RESTAURANT, FAST FOOD • 2,312 SF
    Value Estimation by Request
    5201 Bobby Hicks Hwy, Gray, TN 37615-3193
    View details
    1910 Roan St

    1910 Roan St

    DRIVE-THRU RESTAURANT, FAST FOOD • 2,276 SF
    Value Estimation
    $2,525,000
    1910 Roan St, Johnson City, TN 37601-3116
    View details
    826 Walnut St

    826 Walnut St

    DRIVE-THRU RESTAURANT, FAST FOOD • 4,395 SF
    Value Estimation by Request
    826 Walnut St, Johnson City, TN 37604-6526
    View details
    402 Market St

    402 Market St

    DRIVE-THRU RESTAURANT, FAST FOOD • 3,164 SF
    Value Estimation by Request
    402 Market St, Johnson City, TN 37601-4830
    View details
    257 Old Gray Sta Rd

    257 Old Gray Sta Rd

    DRIVE-THRU RESTAURANT, FAST FOOD • 1,539 SF
    Value Estimation by Request
    257 Old Gray Sta Rd, Gray, TN 37615-3532
    View details
    813 Walnut St

    813 Walnut St

    DRIVE-THRU RESTAURANT, FAST FOOD • 1,592 SF
    Value Estimation by Request
    813 Walnut St, Johnson City, TN 37604
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    423 Main St

    423 Main St

    DRIVE-THRU RESTAURANT, FAST FOOD • 4,522 SF
    Value Estimation by Request
    423 Main St, Johnson City, TN 37601
    View details
    2103 Market St

    2103 Market St

    DRIVE-THRU RESTAURANT, FAST FOOD • 4,743 SF
    Value Estimation by Request
    2103 Market St, Johnson City, TN 37604-6024
    View details
    3300th W Market St

    3300th W Market St

    DRIVE-THRU RESTAURANT, FAST FOOD • 1,318 SF
    Value Estimation by Request
    3300th W Market St, Johnson City, TN 37604-9312
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    2619 Roan St

    2619 Roan St

    DRIVE-THRU RESTAURANT, FAST FOOD • 1,383 SF
    Value Estimation by Request
    2619 Roan St, Johnson City, TN 37601-1707
    View details
    4707 Roan St

    4707 Roan St

    DRIVE-THRU RESTAURANT, FAST FOOD • 4,878 SF
    Value Estimation
    $1,170,000
    4707 Roan St, Gray, TN 37615-3880
    View details
    932 State Of Franklin Rd

    932 State Of Franklin Rd

    DRIVE-THRU RESTAURANT, FAST FOOD • 1,239 SF
    Value Estimation by Request
    932 State Of Franklin Rd, Johnson City, TN 37604-3668
    View details
    1018 Market St

    1018 Market St

    DRIVE-THRU RESTAURANT, FAST FOOD • 629 SF
    Value Estimation by Request
    1018 Market St, Johnson City, TN 37604-5333
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    1710 Market St

    1710 Market St

    DRIVE-THRU RESTAURANT, FAST FOOD • 4,275 SF
    Value Estimation by Request
    1710 Market St, Johnson City, TN 37604-6021
    View details
    922 State Of Franklin Rd

    922 State Of Franklin Rd

    DRIVE-THRU RESTAURANT, FAST FOOD • 2,633 SF
    Value Estimation by Request
    922 State Of Franklin Rd, Johnson City, TN 37604-3668
    View details
    1920 Roan St

    1920 Roan St

    DRIVE-THRU RESTAURANT, FAST FOOD • 5,869 SF
    Value Estimation
    $2,255,000
    1920 Roan St, Johnson City, TN 37601-3116
    View details
    2008 Roan St

    2008 Roan St

    DRIVE-THRU RESTAURANT, FAST FOOD • 3,022 SF
    Value Estimation by Request
    2008 Roan St, Johnson City, TN 37601-3120
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    2000 Roan St

    2000 Roan St

    DRIVE-THRU RESTAURANT, FAST FOOD • 2,825 SF
    Value Estimation by Request
    2000 Roan St, Johnson City, TN 37601-3120
    View details
    930 State Of Franklin Rd

    930 State Of Franklin Rd

    DRIVE-THRU RESTAURANT, FAST FOOD • 1,749 SF
    Value Estimation by Request
    930 State Of Franklin Rd, Johnson City, TN 37604-3668
    View details
    1823 State Of Franklin Rd

    1823 State Of Franklin Rd

    DRIVE-THRU RESTAURANT, FAST FOOD • 3,248 SF
    Value Estimation by Request
    1823 State Of Franklin Rd, Johnson City, TN 37604-6486
    View details
    2108 Mountcastle Dr

    2108 Mountcastle Dr

    DRIVE-THRU RESTAURANT, FAST FOOD • 3,076 SF
    Value Estimation by Request
    2108 Mountcastle Dr, Johnson City, TN 37604-2514
    View details
    165 Old Gray Sta Rd

    165 Old Gray Sta Rd

    DRIVE-THRU RESTAURANT, FAST FOOD • 3,378 SF
    Value Estimation by Request
    165 Old Gray Sta Rd, Gray, TN 37615-3470
    View details

    Johnson City, TN Drive Through Restaurants Investment Opportunities Market Analysis

    Explore 65 drive through restaurants for sale in Johnson City, TN on our real estate platform. These investment opportunities span a total of 40,462,767 square feet of properties for sale, with an estimated market value of $24,670,000.

    Sale prices for drive-thru businesses in Johnson City, TN start at $150,000, averaging $601,707, and reaching up to $2,570,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    • 37601
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