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    607 Twin Oaks Dr Johnson City, TN 37601

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    For Sale
    $4,797,000

    NNN leased Roadrunner gas station with 13+ years remaining.

    Property size:
    7,491 SF
    Lot size:
    1.88 Acres

    Property Features for 607 Twin Oaks Dr

    General Information

    Size
    7,491 SF
    Lot size
    1.88 Acres

    Source: SRS Real Estate Partners | McLean Agent Andrew Fallon

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Roadrunner Gas Station Investment Opportunity

    This property is a gas station with an original 15-year lease, of which 13+ years remain. The lease is signed by GPM Investments dba Roadrunner, the nation’s sixth-largest convenience store chain, which has approximately 3,200 locations. This network includes around 1,400 company-operated stores, roughly 121 proprietary cardlock locations, and an additional 1,660 dealer sites, all of which are supplied with fuel. The lease includes 10% rental increases every 5 years throughout the initial term, steadily growing the NOI while providing a hedge against inflation. The property size is 7,491 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Shell Car Wash Dunkin' Coffee Shop First Tennessee Atm Atm ATM - Road Runner Atm Laundry Mat Laundry Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Food City, Price Less Foods

    Location Insight

    • Map
    • Local Demand
    City
    Johnson City
    County
    Washington
    State
    Tennessee
    Longitude
    -82.3313595
    Latitude
    36.3086096

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    FAQs

    What type of property is this?
    Grocery and convenience store - NNN leased Roadrunner gas station with 13+ years remaining.
    Where is this grocery and convenience store located?
    The property is located at 607 Twin Oaks Dr Johnson City, TN.
    What is the asking price?
    The asking price for this property is $4,797,000.
    What are key features of this property?
    This property features: - 13+ years remaining on original 15-year lease; - Lease signed by GPM Investments dba Roadrunner, the nation’s sixth-largest convenience store chain; - Roadrunner boasts an expansive network of approximately 3,200 locations
    (202) 286-1542
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    607 Twin Oaks Dr Johnson City, TN 37601
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    Johnson City, TN 37601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    607 Twin Oaks Dr Johnson City, TN 37601
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