3980 Ringgold Rd | Chattanooga, TN 37412
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- LoopNet Team
3980 Ringgold Rd
Chattanooga, TN 37412
CVS · Retail Property For Sale
Investment Highlights
- Corporate Guarantee – The lease guarantee is backed by Dollar Tree Stores, Inc. ensuring security to income.
- Options to Extend Lease – Dollar Tree has ?ve, 5-year options to extend the lease after their initial ten-year term.
- Great Surrounding Demographics – There are over 142,346 residents living within a 5-mile radius of the property.
- Long-Term Lease – Dollar Tree recently signed a new 10-year initial lease term, committing to the area
- Chattanooga Metropolitan Statistical Area – The building is in East Ridge, a fast-growing town in Chattanooga
- Nearby New Developments – The excellent location is only two miles away from CHI Memorial Stadium
Property Facts
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,722 SF
Building Class
B
Year Built
1997
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.35 AC
Zoning
C - zoned for commercial use
Parking
43 Spaces (4.01 Spaces per 1,000 SF Leased)
Frontage
274’ on Ringgold Road
Property Taxes
| Parcel Number | 168E-N-005 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $628,400 |
Property Taxes
Parcel Number
168E-N-005
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$628,400
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