$6,679,000 USD
704-379-1985
7804 E Brainerd Rd
Chattanooga, TN 37421
East Brainerd
HIGHLIGHTS
- Absolute net lease | Zero landlord responsibilities
- Long lease term | 13+ years remaining
- Corporate lease | Food City, Inc. | 156+ locations across TN, AL, GA, KY, VA
- Long operating history | Leased since 1998 | Food City took over this store in 2015 as part of the BI-LO acquisition
- Strong year-over-year sales growth since 2019
- Great visibility from E Brainerd Rd | 26,142 VPD
FOR SALE DETAILS
PRICE
$6,679,000 USD
PRICE/SF
$368 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Food City
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Supermarket
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1973
SPRINKLERS
-
PARKING SPACES
300
LAND DETAILS
LAND ACRES
5.93 AC
LAND SF
258,192 SF
ZONING
-
APN/PARCEL ID
159P-A-003.01
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704-379-1985
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704-379-1985
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