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1609 Ooltewah Ringgold Rd
Ooltewah, TN 37363
Valvoline - Ooltewah, TN (Chattanooga MSA) · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand new 15-year lease with 4 (5-year) options to extend
- Absolute NNN Ground Lease with ±14 Years Remaining – Long-term lease with zero landlord responsibilities, featuring 10% rent escalations
- Attractive Below-Market Rent Offering Future Upside – Current rent is below market for the corridor, providing investors with long-term potential
- Publix-Anchored Grocery Outparcel with Dense Retail Adjacencies – Located directly across from the new Shops at Enclave - Publix, Starbucks
- Corporate Guarantee from Valvoline, LLC (Rated “BB”) – Lease backed by a nationally recognized automotive brand with a global footprint
- Proximity to High-Enrollment Schools – Surrounded by multiple schools totaling over ±4,000 students, driving consistent daily traffic
EXECUTIVE SUMMARY
Broker of Record
Hutt Cooke
License # 263667 (TN)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Hutt Cooke
License # 263667 (TN)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,000 SF
Year Built
2025
Price
$2,000,000
Price Per SF
$1,000
Cap Rate
4.75%
NOI
$95,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.79 AC
Zoning
C-2 - Commerical
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 172-050.05 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $639,920 |
PROPERTY TAXES
Parcel Number
172-050.05
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$639,920
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