13170 Highway 28 - Freestanding FOR SALE
Whitwell, TN 37397 |
$602,353 USD
13170 Highway 28
Whitwell, TN 37397
HIGHLIGHTS
- Long-Term Occupancy – Tenant has been at the site since 1999 showing a strong commitment to the site
- Replaceable Rent – Tenant is paying well below market rent at just $6.07/PSF
- Multiple Options Remaining – Family Dollar has 3 options of 5 years each remaining
- Minimal Landlord Responsibilities – Landlord only responsible for major capital replacements
- Essential Retailer – Family Dollar is an essential retailer, offering everyday items, groceries, and household products at affordable prices.
- Chattanooga MSA – ±20 miles from downtown Chattanooga, the fourth largest city in Tennessee
FOR SALE DETAILS
PRICE
$602,353 USD
PRICE/SF
$75 USD /SF
CAP RATE
8.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Family Dollar
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.81 AC
LAND SF
78,844 SF
ZONING
-
APN/PARCEL ID
058050 01302
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