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International Car Wash Group NNN Property
For Sale
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2305 N Roan St, Johnson City, TN 37601

New triple-net lease structure places no landlord responsibilities on the ownership.

Property SizeContact for details
Days on Market142

Property Features for 2305 N Roan St

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 1:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SURMOUNT

Investment Insights

Based on property information with market context.

This offering is structured around a newly executed triple-net lease with International Car Wash Group. The agreement provides a 20-year base term, corporate lease support, and no landlord responsibilities. Contractual rent increases are set at 1.50% annually during the initial term and the renewal periods.

The property is located at 2305 N Roan St in Johnson City, Tennessee. The lease also includes four tenant renewal options, each extending for five years. International Car Wash Group operates more than 900 locations across the United States and internationally, providing an established operating platform for the tenancy.

Key Highlights

  • 20‑year base term under a new triple‑net lease
  • No landlord responsibilities under the lease structure
  • 1.50% annual rental escalations

Property Analytics

Current Use

NNN properties

Suggested Use

Top Pick Building Supply HVAC Service Electrical Service Parking Lot & Garage Big Box & Wholesale Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,222
Businesses Nearby
724k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 35% Apparel 21% Shops & Services 19% Superstores 15%
Target Superstores
109,105 visits/mo 0.3 miles
DICK'S Sporting Goods Apparel
70,504 visits/mo 0.4 miles
T.J. Maxx Apparel
54,967 visits/mo 0.3 miles
Gabe's Shops & Services
43,664 visits/mo 0.2 miles
McDonald's Dining
40,807 visits/mo 0.3 miles

Demographics for 37601, TN

37,079
Population
18,153
Households
2
Avg Household Size
40
Median Age
33%
College-Educated
91%
High-School Grad
47.7 sq mi
ZIP Area
777
Density / Sq Mi
$49,658
Median Household Income
$32,312
Median Earnings
$892
Median Rent
$187,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - New triple-net lease structure places no landlord responsibilities on the ownership.
Where is this nnn property located?
The property is located at 2305 N Roan St Johnson City, TN.
What are key features of this property?
This property features: 20‑year base term under a new triple‑net lease; No landlord responsibilities under the lease structure; 1.50% annual rental escalations
(332) 345-4222 Call to check price and availability
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