Johnson City, TN (Sunset Drive) - GPM Investments, LLC

Description:

• There are 13+ years remaining on this original 15-year lease
• The lease is signed by GPM Investments dba Roadrunner, the nation’s
sixth-largest convenience store chain, boasting an expansive network
of approximately 3,200 locations. This network is comprised of diverse components, including around 1,400 company-operated stores, roughly 121 proprietary cardlock locations, and an additional 1,660 dealer sites, all of which are supplied with fuel
• There are 10% rental increases every 5 years throughout the initial term, steadily growing the NOI while providing a proper hedge against inflation

• The site is strategically located at the signalized intersection of Sunset Dr and Knob Creek Rd averaging 25,500 VPD
• The asset is equipped with a Dunkin’ drive-thru, boosting sales and increasing productivity
• 1 mile from The Mall at Johnson City and Johnson City Plaza, containing over 300,000 SF of retail space and tenants such as DICK’S, Target, Belk, T.J. Maxx, and more