2306 Browns Mill Rd Johnson City, TN
Call to check price and availability
NNN ground lease with a strong, growing tenant.
Type:RETAIL
Property size:
1,421 SFLot size:
0.47 AcresPrice / SF:
$835/SF- Added:
- Nov 25, 2025
- Days on Market:
- 155
- Last Refresh:
- Apr 5 at 10:31 pm
Property Features for 2306 Browns Mill Rd
General Information
- Standard status
- Active
- Size
- 1,421 SF
- Lot size
- 0.47 Acres
- Property subtype
- RETAIL
Listing agent Robert Schmidt (864) 678-5995
Listing office Furman Capital Advisors (864) 678-5995
Listing date Nov 25, 2025
Source Moodyscre
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 Furman Capital Advisors
Overview
Take 5 Oil Change Investment
This property is offered as a ground lease through a sale-leaseback structure commencing at closing, providing zero landlord responsibilities with no maintenance, insurance, or tax obligations. The initial lease term is 15 years with an additional 20 years in option periods, along with 10% rent increases scheduled every five years. The property is located on N Roan St with a traffic count of approximately 22,400 vehicles per day, and has excellent interstate access, situated approximately 0.25 miles from I-26 with a traffic count of approximately 61,700 vehicles per day. It is located in close proximity to retail presences, such as Target, Kroger, TJ Maxx, Chick-fil-A, Starbucks, and the Mall at Johnson City. The tenant, Take 5 Oil Change, operates over 1,100 locations across the U.S. and Canada and is ranked #27 on Entrepreneur’s 2025 Fastest-Growing Franchises list. WSM Ventures, a 2024 Franchisee of the Year nominee and one of the Top 20 Take 5 Oil Change franchisees nationally, currently operates 14 Take 5’s throughout the Southeast and has 5+ years of Take 5 operating experience. The property is located in Johnson City, TN, which was named the #1 U.S. city people want to move to in 2025, according to moveBuddah.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Take 5 Oil ...
Auto Repair Shop
Similar Places Nearby
- Porters tires — TN-36, Johnson City, TN 37604
- ACTS Fleet Maintenance Service — 104 Wesley St, Johnson City, TN 37601
- Miller's Tire & Auto — 112 Wesley St, Johnson City, TN 37601
- Take 5 Oil Change — 2306 Browns Mill Rd, Johnson City, TN 37604
- FilmTek — 907 Chase Dr #101, Johnson City, TN 37604
Location Insight
- Map
- Local Demand
- City
- Johnson City
- County
- Washington
- State
- Tennessee
- Longitude
- -82.3785
- Latitude
- 36.3452
Nearby Similar for Sale
FAQs
What type of property is this?
Auto shop - NNN ground lease with a strong, growing tenant.
Where is this auto shop located?
The property is located at 2306 Browns Mill Rd Johnson City, TN.
What is the asking price?
The asking price for this property is $1,187,000.
What are key features of this property?
This property features: Zero Landlord Responsibilities: Ground lease structure offers a passive investment.; Strong Lease Terms: Benefit from a 15‑year initial lease with options and rent increases.; Nationally Recognized Tenant: Take 5 Oil Change, a top‑ranked franchise with over 1,100 locations.
