We are pleased to market for sale the CVS located at 796 Ridgeway Avenue in Signal Mountain, Tennessee 37377 (the "Property"). The Property is leased on an absolute net basis with no landlord responsibilities. The lease runs through January 31, 2030 at a rent of $258,491 per year, followed by ten five year options, each with a 5.0% increase. The building contains ±10,125 square feet of ground floor area plus a ±1,494 square foot mezzanine (11,619 square feet total) on an 1.85 acre lot. The Property fronts US Highway 127 (Ridgeway Avenue), the only major route over the mountain, adjacent to the town center and Town Hall. Signal Mountain's established residential base and limited commercially zoned land create a high barrier to entry for new drugstore development. This CVS is the only national chain pharmacy on Signal Mountain, with all competing locations requiring customers to descend the mountain. Ascension Living Alexian Village, a senior living campus with 114 skilled nursing beds, is approximately one mile from the Property. Erlanger North Hospital is located 3.5 miles away at the base of the mountain in Red Bank. Listed in conjunction with Brian Brockman, Bang Realty - Tennessee Inc, 513-898-1551, wg@bangrealty.com, TN DRE Lic. 343847.