2005 N Roan St - Restaurant FOR SALE


Johnson City, TN 37601- Downtown Johnson City
$3,822,840 USD
2005 N Roan St, Johnson City, TN for Sale
$3,822,840 USD
Restaurant - FOR SALE
1/9
null | 5% Cap Rate

2005 N Roan St
Johnson City, TN 37601
Downtown Johnson City


HIGHLIGHTS

  • Investment Grade Tenant with Long - Term Lease - BBB/Stable
  • New Construction with Minimal Landlord Responsibilities | Zero CAM Responsibilities
  • Impressive Placer.ai Rankings with Limited Chain Competition (Top 4% Nationally)
  • Shadow – Anchored by Super-Regional Mall
  • Exceptional Regional Retail Corridor with Massive Trade – Area Draw
  • Healthy Demos Highlighting Stable Consumer Spending

OVERVIEW

CBRE is pleased to present, as the exclusive advisor, the opportunity to acquire 100% fee interest in a 7,999 SF Texas Roadhouse 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 occupied by the high-performing national tenant, Texas Roadhouse, which has proven to be incredibly resilient in the casual dining sector. The Property contains an excellent lease term of 12.4 years and 10% rent bumps every 5 years, highlighting the durable income and long-term stability of the asset. For qualified investors, Texas Roadhouse proves to be a high-quality asset with durable income, outstanding tenant performance, and a prime location near a thriving super-regional mall with nearby regional access and connectivity.

FOR SALE DETAILS

PRICE

$3,822,840 USD

PRICE/SF

$518 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Texas Roadhouse

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,302 SF

ZONING

B-4

APN/PARCEL ID

038P-F-008.00

ASK ABOUT THIS PROPERTY

Michael KaiderCBRE, Inc.More Info

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Michael KaiderCBRE, Inc.More Info

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