109 Sequoyah Rd - Convenience Store FOR SALE


Soddy Daisy, TN 37379
$3,211,200 USD
765-293-2933
109 Sequoyah Rd, Soddy Daisy, TN for Sale
$3,211,200 USD
Convenience Store - FOR SALE
1/9
null | 6% Cap Rate

109 Sequoyah Rd
Soddy Daisy, TN 37379


HIGHLIGHTS

  • Absolute NNN lease for a hands-off investment.
  • Large format location featuring 12 gas pumps and a carwash.
  • Conveniently located on the Right-Hand exit of the US 27 interchange.
  • Open 24 hours a day.
  • 40% bonus depreciation via cost segregation, offering a potential of over $1,000,000 in 2025 depreciable expenses.
  • Rent escalation of 6.5% at each of the Five, 5-year renewal options.

OVERVIEW

Bellagio Real Estate Partners, in conjunction with Sims Commercial Real Estate Inc, is pleased to present an exceptional investment opportunity to acquire a large format Circle K, featuring an absolute NNN lease. This property sits in Soddy-Daisy, TN, just 15 miles north of Chattanooga, strategically located along Highway 27, a high-traffic corridor with over 35,000 vehicles passing daily. This location has operated successfully since 2003 offering 12 gas pumps, a car wash, and a wellmaintained convenience store. Situated on a 1.32-acre lot, the 4,389 square foot buildings, with the car wash being 864 square feet, benefit from proximity to a strong mix of national and regional retailers, including McDonald’s, Walmart, Tractor Supply Co, and Subway, among others, ensuring consistent customer draw. The lease includes sales reporting, with Mac’s Convenience Stores LLC demonstrating strong sales performance. Investors will appreciate a corporate tenant and the built-in 6.5% rent escalations at each of the five (5), five-year renewal options, ensuring steady income growth. Classified as a service station, this investment type qualifies for bonus depreciation of 40% through cost segregation, potentially providing investors nearly $1,000,000 in 2025 depreciation expense. This property’s combination of a highly accessible location, established tenancy, and zero landlord responsibilities make it a low-risk investment opportunity with strong cash flow.

FOR SALE DETAILS

PRICE

$3,211,200 USD

PRICE/SF

$342 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

1.32 AC

LAND SF

57,499 SF

ZONING

RR

APN/PARCEL ID

057-037

ASK ABOUT THIS PROPERTY

Connor OkeBellagio Real Estate Partners LLCMore Info
765-293-2933

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Connor OkeBellagio Real Estate Partners LLCMore Info
765-293-2933

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