2013 N Roan Street
Dominant Reported Sales | Dual Tenant Drive Thru's | INCOME TAX FREE STATE
Marketing description
CBRE is pleased to present as the exclusive advisor the opportunity to acquire 100% fee interest in a 5,157 SF strip center located in Johnson City, Tennessee. The Property is ideally positioned along a major arterial road with excellent visibility and access, ensuring high volumes of customer traffic. The asset is adjacent to the Mall at Johnson City, the #1 ranked mall within a 50-mile radius. The Mall at Johnson City serves as an excellent shadow-anchor for the Property and surrounding corridor, as the mall experienced over 6.32M visits in 2025, demonstrating its ability to attract customers from a wide trade area.
The Property is currently 100% occupied by high-performing national tenants, Chipotle and Chicken Salad Chick, each proven to be incredibly resilient in the fast casual sector. The Property contains an excellent WALT of 5.33 years, highlighting the durable income and long-term stability of the asset. For qualified investors, the Johnson City - Outlot proves to be a high-quality asset with durable income, outstanding tenant performance, and a prime location near a thriving superregional mall with nearby regional access and connectivity.
Investment highlights
- 100% Occupied by National Tenants Resulting in a Durable Income Stream
- Below Market Rents – Well Below Replacement Costs
- New Construction with Minimal Landlord Responsibilities
- Zero CAM Responsibilities
- Both Tenants have a Drive-Thru
- Impressive Placer.ai Rankings with Limited Chain Competition
- Shadow – Anchored by Super-Regional Mall
- Exceptional Regional Retail Corridor with Massive Trade – Area Draw
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