2162 Catoosa Pky - Freestanding FOR SALE


Tunnel Hill, GA 30755
$1,441,028 USD
314-563-2208
2162 Catoosa Pky, Tunnel Hill, GA for Sale
$1,441,028 USD
Freestanding - FOR SALE
1/1
null | 7% Cap Rate

2162 Catoosa Pky
Tunnel Hill, GA 30755


HIGHLIGHTS

  • 13 Years remain on absolute NNN lease
  • 20 miles from downtown Chattanooga TN
  • Upgraded Construction (Plus size format)

OVERVIEW

Introducing an investment opportunity with Dollar General at 2162 Catoosa Pkwy, Tunnel Hill, GA 30755. Priced at $1,441,028 with a solid CAP rate of 7.0%, this upgraded 10,640 SF Dollar General features a modern design and prime location just off I-75 (84,000 VPD). With a 15-year corporate NNN lease in place, this property guarantees a stable income stream. The lease, guaranteed by Dollar General, includes 10% rent increases during five, 5-year renewal options. Tunnel Hill's strategic location, 20 miles south of Chattanooga in the sought-after Chattanooga MSA, is a hotspot for economic activity with a growing population and strong demographics. Chattanooga itself is a major industrial hub attracting millions of tourists annually.

FOR SALE DETAILS

PRICE

$1,441,028 USD

PRICE/SF

$135 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General (Chattanooga TN MSA)-7% Cap

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.01 AC

LAND SF

131,116 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Chris SchellinWestwood Net Lease AdvisorsMore Info
314-563-2208

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Chris SchellinWestwood Net Lease AdvisorsMore Info
314-563-2208

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