6153 State Route 28
Dunlap, TN 37327
Dollar General · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 20+ Years Of Operating History
- Located Directly Off Highway 28 And Less Than A Mile From National Tenants Such As Walgreens, Tractor Supply Co, McDonalds, Domino’s Pizza, And More.
- Less Than A Mile Away From Sequatchie County High School, Seq County Middle School, Griffith Elementary School, Sequatchie County Elementary School, A
- Three, 5 Year Options, All Of Which Include A 10% Rent Increase
- Extremely Strong Corporately Guaranteed Lease
- Positioned in the rapidly expanding Chattanooga suburb
EXECUTIVE SUMMARY
- 20+ Years Of Operating History
- Three, 5 Year Options, All Of Which Include A 10% Rent Increase
- Average Household Income Of $72,506, Considered To Be A “Sweet-Spot” For Dollar General
- Located Directly Off Highway 28 And Less Than A Mile From National Tenants Such As Walgreens, Tractor Supply Co, McDonalds, Domino’s Pizza, And More.
- Less Than A Mile Away From Sequatchie County High School, Seq County Middle School, Griffith Elementary School, Sequatchie County Elementary School, And Bloom N Go Preschool.
- Extremely Strong Corporately Guaranteed Lease
- Three, 5 Year Options, All Of Which Include A 10% Rent Increase
- Average Household Income Of $72,506, Considered To Be A “Sweet-Spot” For Dollar General
- Located Directly Off Highway 28 And Less Than A Mile From National Tenants Such As Walgreens, Tractor Supply Co, McDonalds, Domino’s Pizza, And More.
- Less Than A Mile Away From Sequatchie County High School, Seq County Middle School, Griffith Elementary School, Sequatchie County Elementary School, And Bloom N Go Preschool.
- Extremely Strong Corporately Guaranteed Lease
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,174 SF
Year Built
2004
Price
$520,235
Price Per SF
$56.71
Cap Rate
8.50%
NOI
$44,220
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.34 AC
Opportunity Zone
Yes
Zoning
FLOOD
Parking
20 Spaces (2.18 Spaces per 1,000 SF Leased)
Frontage
140’ on State Route 28
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 054-004.42 | Improvements Assessment | $215,560 |
| Land Assessment | $25,840 | Total Assessment | $241,400 |
