Johnson City, TN (Market St) - GPM Investments, LLC (Roadrunner)

Description:

• The lease features a corporate guaranty by GPM Investments, a reputable brand with 3,600+ units nationwide and S&P: B+ credit score
• 11+ years of lease term remaining on the original 15-year base term with 4 (5-year) options to extend
• 10% rental increases every five years including options

• The asset is fronting W Market St averaging 29,100 VPD
• Nearby retailers include ALDI, The Fresh Market, Chick-fil-A, McDonald’s, and more
• The ALDI, located two parcels East of the site, ranks in the 86th percentile nationwide (327 out of 2,361) via Placer.ai
• The surrounding residential neighborhoods will provide a steady consumer base from which to draw
• Just North of Johnson City Medical Center and East Tennessee St University, which will provide an additional consumer base from which to draw
• This location features a Subway inside the store
• Placer.ai ranks this c-store in the 79th percentile nationwide (2,181 out of 10,436)

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Listing ID: a28TP000001XWADYA4