Brand-New Dollar General | Soddy-Daisy, TN| 6.50% Cap Rate

Property Description

CLOSED

  • Building Size: ±9,100 sq. ft.*
  • Lot Size: ±1.52 acres*
  • Lease Type:  15-year, NNN Lease
  • Rent Commencement Date:  December 9, 2019
  • Five (5), Five (5) year renewal options with 10% increases
  • Part of the Chattanooga MSA
  • ±16,312 AADT near store**

*Source:  Lease & Site Plans

**TDOT

IMPORTANT:  The price listed herein is the offering (listing) price, not the final sale price.  The final sale price is confidential.

 

General Info

Category: Recent/Closed Projects

Type: Investment, Retail

Price: $1,626,044 | 6.50% Cap Rate

Address: 181 Highwater Road, Soddy-Daisy, TN 37601

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