Investment Overview

Marcus & Millichap is pleased to present for sale this Absolute NNN Roadrunner (GPM Investments 3,400 Stations) and Dunkin Donuts, located at 120 W Stone Drive in Kingsport, Tennessee. The property features a 4,476 square-foot free standing building with a drive-thru and a canopy with seven gas pumps and twelve nozzles, situated on a large 1.05-acre parcel. Strategically positioned along W Stone Drive, the property benefits from great visibility and exposure to more than 27,107 vehicles per day. The immediate trade area boasts a diverse mix of high-profile national and regional retailers including CVS, Wendy’s, Subway, KFC, Home Depot, Take-5, Family Dollar, Walmart, and numerous others. Kingsport is home to several major businesses and employers, including Eastman Chemical Company, Domtar Paper Company, Holston Army Ammunition Plant (which manufactures explosives for the Department of Defense), BAE Systems, and Holston Valley Medical Center. The region maintains a strong economic base, with a gross metropolitan product exceeding $14.1 billion annually. The property benefits from its proximity to numerous recreational and lifestyle amenities, including Bays Mountain Park & Planetarium, Warrior’s Path State Park, Riverview Splash Pad, and Scott Adams Skate Park, making it an attractive destination for both residents and visitors. The immediate trade area includes a diverse mix of apartment complexes, such as Town Park Lofts Apartments, George Washington Apartments, Maple Ridge, Maple Oak Apartments, Stoneview Homes, Kingsview Apartments, City View Apartments, Stonecrest Apartments, and Legacy Apartments. Additionally, new residential communities continue to fuel population growth, including West Gate by D.R. Horton (SOLD OUT), Birdwell Place Townhomes by D.R. Horton, Magnolia Ridge by D.R. Horton, and Old Island Subdivision (85 sold-out lots). Roadrunner Markets (GPM Investments 3,400 Stations) are a chain of convenience stores owned and operated by Mountain Empire Oil Company with company headquarters in Johnson City, Tennessee. Roadrunner is a prominent player in the fuel retail and convenience store industry. Dunkin’ was founded in 1950 and is the largest coffee and donuts brand in the U.S. with 13,200 restaurants in 40 global markets.