1609 Ooltewah Ringgold Rd - Auto Repair FOR SALE


Ooltewah, TN 37363- Apison
$2,000,000 USD
865-456-7821
1609 Ooltewah Ringgold Rd, Ooltewah, TN for Sale
$2,000,000 USD
Auto Repair - FOR SALE
1/3
null | 4.75% Cap Rate

1609 Ooltewah Ringgold Rd
Ooltewah, TN 37363
Apison


HIGHLIGHTS

  • Brand new 15-year lease with 4 (5-year) options to extend
  • Publix-Anchored Grocery Outparcel with Dense Retail Adjacencies – Located directly across from the new Shops at Enclave - Publix, Starbucks
  • Absolute NNN Ground Lease with ±14 Years Remaining – Long-term lease with zero landlord responsibilities, featuring 10% rent escalations
  • Corporate Guarantee from Valvoline, LLC (Rated “BB”) – Lease backed by a nationally recognized automotive brand with a global footprint
  • Attractive Below-Market Rent Offering Future Upside – Current rent is below market for the corridor, providing investors with long-term potential
  • Proximity to High-Enrollment Schools – Surrounded by multiple schools totaling over ±4,000 students, driving consistent daily traffic

OVERVIEW

Broker of Record Hutt Cooke License # 263667 (TN) Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$1,000 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Valvoline - Ooltewah, TN (Chattanooga MSA)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.79 AC

LAND SF

77,815 SF

ZONING

C-2

APN/PARCEL ID

172-050.05

ASK ABOUT THIS PROPERTY

Tanner SanfordMatthews Real Estate Investment ServicesMore Info
865-456-7821

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Tanner SanfordMatthews Real Estate Investment ServicesMore Info
865-456-7821

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.