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Take 5 Oil Change Investment

2306 Browns Mill Rd, Johnson City, TN

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For Sale

Contact for pricing

NNN ground lease with a strong, growing tenant.

Type:RETAIL

Property size:

1,421 SF

Lot size:

0.47 Acres

Price / SF:

$835/SF

HighLights

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.
Experienced Franchisee: Operated by WSM Ventures, a top Take 5 franchisee.
Rapidly Growing Market: Located in Johnson City, TN, ranked #1 U.S. city for relocation.
Prime Retail Corridor Location: High‑traffic location on N Roan St near I‑26 and major retailers.

We can help!

Listing Contact

Robert Schmidt

For Sale

Contact for pricing

NNN ground lease with a strong, growing tenant.

Type:RETAIL

Property size:

1,421 SF

Lot size:

0.47 Acres

Price / SF:

$835/SF

Added:: Nov 25, 2025
Days on Market:: 201
Last Refresh:: May 19 at 10:30 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

We can help!

Listing Contact

Robert Schmidt

Listing agent Robert Schmidt

Listing office Furman Capital Advisors

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

HighLights

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.
Experienced Franchisee: Operated by WSM Ventures, a top Take 5 franchisee.
Rapidly Growing Market: Located in Johnson City, TN, ranked #1 U.S. city for relocation.
Prime Retail Corridor Location: High‑traffic location on N Roan St near I‑26 and major retailers.

Overview

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 Location Intelligence

Current Use by Public Records

Take 5 Oil ... Auto Repair Shop

Suggested Use

Similar Places Nearby

Walmart Auto Care Centers — 3111 Browns Mill Rd, Johnson City, TN 37604
Pilkington North America Inc — 505 W Mountainview Rd, Johnson City, TN 37604
East Tennessee Car Detailing — 4106 N Roan St, Johnson City, TN 37601
Safety Max ADAS Calibration Center — 4 Morgan Ct NW, Johnson City, TN 37604
Browns Mill Auto & Diesel — 3609 N Roan St, Johnson City, TN 37601

Location Insight

Map
Local Demand

City: Johnson City
County: Washington
State: Tennessee
Longitude: -82.3785
Latitude: 36.3452

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For sale
Auto shops
TN
Johnson City
2306 Browns Mill Rd

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.

2306 Browns Mill Rd, Johnson City, TN

NNN ground lease with a strong, growing tenant.

Property Features for 2306 Browns Mill Rd

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Restaurant and Event Venue with Creek

Revitalized West Walnut Commercial Space

Johnson City Commercial Opportunity

Renovated Office Building, Johnson City

Commercial Warehouse with Offices

Versatile Commercial Warehouse in Johnson City

Remodeled Commercial Space in Johnson

Multifamily and Commercial Investment Opportunity

Downtown Johnson City Mixed-Use Building

Versatile Mixed-Use Property, Johnson City

Southside Plaza Shopping Center

Versatile Residential/Commercial Property in Johnson

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