14978 Rankin Ave
Dunlap, TN 37327
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- City of Dunlap Retail Gap Analysis Shows Strong Need for Restaurants and Grocers
- County Attracting Substantial Industrial Development | Formed Industrial Development Board
- 4 Schools within 1 Km Radius: 2,200+ Students
- New Retail Development in Immediate Vicinity: New Urgent Care, 76-Unit Multifamily
- Large 1.45-Acre Lot, 4 Curb Cuts, and Double-Drive Thru
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
11,418 SF
Building Class
B
Year Built
1996
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.39 AC
Zoning
C-3
Parking
30 Spaces (2.63 Spaces per 1,000 SF Leased)
Frontage
134’ on Rankin Ave
AMENITIES
- Pylon Sign
- Drive Thru
ABOUT 14978 RANKIN AVE , DUNLAP, TN 37327
The subject investment opportunity is a freestanding former Rite Aid drugstore. Shortly after Walgreens’ Rite Aid merger, this store was closed as there is an existing Walgreens across the street. There is no term left on the lease. The 11,418 SF building was constructed in 1996 and shows very little signs of wear as the previous lease was NNN. The site sits on a 1.445-acre tract, featuring 4 curb cuts and a double-drive thru.
PROPERTY TAXES
| Parcel Number | 048M-D-001.10 | Improvements Assessment | $395,920 |
| Land Assessment | $142,400 | Total Assessment | $538,320 |
