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3584 Battlefield Pky 4,000 SF Retail Building Fort Oglethorpe, GA 30742 $3,000,000 ($750/SF) 6% Cap Rate
Investment Highlights
- Corporate Verizon Wireless Lease
- Investment grade Fitch “A-” & S&P “BBB+” Rating
- Verizon just extended the lease early
Executive Summary
This 4,000 SF freestanding retail property sits on 1.30 acres along Battlefield Parkway, the area’s primary retail corridor, with strong visibility and traffic counts of approximately 31,550 vehicles per day. Strategically located just off I-75 and only 8 miles from Chattanooga, the site is surrounded by top national retailers including Walmart SuperCenter, Publix, Walgreens, Ross, Wendy’s, Five Guys, Jersey Mike’s, Hobby Lobby, Buffalo Wild Wings, and Chipotle. The property benefits from a long-standing corporate lease, recently extended early through January 31, 2033, underscoring the tenant’s commitment to this location. Built in 2008, the asset features a NN lease structure with current annual rent of $168,000, increasing to $180,000 on February 1, 2028. Backed by an investment-grade tenant and positioned in a growing Chattanooga-area suburb, this is a compelling passive investment with durable income and premier retail frontage.
Price of 6% CAP based on 2/1/2028 rent.
Price of 6% CAP based on 2/1/2028 rent.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,000 SF
Building Class
B
Year Built
2008
Price
$3,000,000
Price Per SF
$750
Cap Rate
6%
NOI
$180,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.30 AC
Zoning
FOR C-1 - General Retail
Amenities
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Information
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Verizon Communications was formed through the merger of Bell Atlantic and GTE and began operating as a combined company in 2000. Verizon operates as a communications technology company with consumer and business groups, alongside public sector and network-focused offerings. The company provides wireless service, broadband connectivity, fiber-based services, and solutions for enterprise and government customers. The company maintains ongoing investment in network expansion and product development across mobility, broadband, and business services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Information | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0013B-010-00C | Improvements Assessment | $205,960 |
| Land Assessment | $320,166 | Total Assessment | $526,126 |
Property Taxes
Parcel Number
0013B-010-00C
Land Assessment
$320,166
Improvements Assessment
$205,960
Total Assessment
$526,126
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3584 Battlefield Pky