900 Sunset DrJohnson City, TN 37604

This exceptional investment opportunity presents a fee-simple ownership of a thriving convenience store and gas station located at 900 Sunset Dr, Johnson City, TN 37604. The property, built in 1996 and renovated in 2021, boasts a substantial 4,348 square feet on a 2.44-acre lot. Currently leased to GPM Investments (dba Roadrunner), a credit-rated tenant with an S&P rating of B+ and NASDAQ symbol ARKO, this property offers an absolute NNN lease with zero landlord responsibilities. The 15-year lease, commencing April 30, 2022, and expiring April 29, 2037, has a remaining term of approximately 12.4 years, providing significant long-term stability. The lease includes four 5-year renewal options and features a 10% rent increase every five years, ensuring consistent NOI growth and inflation protection. The property generates a substantial NOI of $246,149, resulting in a compelling 6.00% cap rate. The asking price is $4,102,000. This is an ideal, management-free investment opportunity in a state with no state income tax. The property's APN is 090045D A 03100. This is a turnkey investment with a strong tenant and a proven track record. The tenant is responsible for all common area maintenance (CAM), taxes, and insurance.