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Take 5 Oil Change Investment

2306 Browns Mill Rd Johnson City, TN

2306 Browns Mill Rd, Johnson City, TN, 00000
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For Sale
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NNN ground lease with a strong, growing tenant.

Property Size1,421 SF
Lot Size0.47 Acres
Price / SF$835.33
Days on Market234

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 Agency Furman Capital Advisors
Listed by Robert Schmidt
Source Moodyscre
Added: Nov 25, 2025 Checked: Jul 16 at 8:41 am

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


Investment Insights

Based on property information with market context.

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.

Key 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.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Take 5 Oil ... Auto Repair Shop

Suggested Use

Building Supply HVAC Service Electrical Service Parking Lot & Garage Big Box & Wholesale Store Garden Center Grocery & Convenience Store Auto Parts Store Kitchen & Bath Showroom Grocery & Convenience Store

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

Similar Off Market 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

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.
Contact an agent
(864) 678-5995 Call to check price and availability
More about this property
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