109 Sequoyah Rd 4,389 SF Retail Building Soddy Daisy, TN 37379 $2,964,215 ($675.37/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute NNN lease for a hands-off investment.
- Conveniently located on the Right-Hand exit of the US 27 interchange.
- 40% bonus depreciation via cost segregation, offering a potential of over $1,000,000 in 2025 depreciable expenses.
- Large format location featuring 12 gas pumps and a carwash.
- Open 24 hours a day.
- Rent escalation of 6.5% at each of the Five, 5-year renewal options.
EXECUTIVE SUMMARY
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.
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.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
4,389 SF
Building Class
B
Year Built
2003
Price
$2,964,215
Price Per SF
$675.37
Cap Rate
6.50%
NOI
$192,674
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.32 AC
Zoning
RR
Parking
10 Spaces (2.28 Spaces per 1,000 SF Leased)
Frontage
180’ on Sequoyah Rd
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 057-037 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $710,360 |
CONTACTS
-
Connor Oke -
Brad Teitelbaum -
Austin Coll -
Gino Badalow -
Bellagio Real Estate Partners LLC
