3101 Dodson Ave - Freestanding FOR SALE


Chattanooga, TN 37406- Amnicola-East Chattanooga
$1,402,666 USD
214-692-2289
3101 Dodson Ave, Chattanooga, TN for Sale
$1,402,666 USD
Freestanding - FOR SALE
1/3
null | 6.75% Cap Rate

3101 Dodson Ave
Chattanooga, TN 37406
Amnicola-East Chattanooga


HIGHLIGHTS

  • Absolute NNN lease with zero landlord responsibilities for passive income
  • Corporate guaranty from Dollar General Corporation
  • ±5.5 years remaining on recently extended lease; 1st option exercised
  • 10% rent increase on Feb 1, 2027 — cap rate rises to 7.43%
  • 5-Mile population of 141,941 with 1.2% projected growth over 5 years
  • Average household income of $84,662 within 5-mile radius

OVERVIEW

Hutt Cooke License # 356505, 263667 (TN) Matthews Real Estate Investment Services, Inc 1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,402,666 USD

PRICE/SF

$154 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,302 SF

ZONING

M1

APN/PARCEL ID

128P-C-005.01

ASK ABOUT THIS PROPERTY

Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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

Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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