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- LoopNet Team
9310 Lee Hwy
Ooltewah, TN 37363
AutoZone · Retail Property For Sale

INVESTMENT HIGHLIGHTS
- AutoZone Signed a 15-Year Triple-Net Ground Lease in 2015 | Over 10 Years Remaining
- The Lease is Subject to a 10% Rental Escalation in 5 Years and in Each of the Five, Five Year Options
- Strategic Real Estate Positioning | Located Within 6 Miles From the Chattanooga Volkswagen Assembly Plant | Over 2,000 Workers In a State of The Art
- The Property was Recently Developed in 2015
- AutoZone has an Investment Grade S&P Credit Rating of BBB
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Signalized Intersection
ABOUT 9310 LEE HWY , OOLTEWAH, TN 37363
This Chase Bank is located at 9314 Lee Highway and just under six miles from the Chattanooga Volkswagen Production and Assembly Plant. The Volkswagen Plant is approximately 1,900,000 square feet sitting on just over a 1,400 acre parcel of land. Formally known as “Enterprise South Industrial Park”, over 2,000 employees work full time, in addition to other engineers and site staff. Located east of the Tennessee River, Ooltewah was rated one of the best MSAs to live in throughout Tennessee, with over 168,200 people residing within a 10-mile radius of the investment property to be specific. The subject property is well-positioned in an extremely dense commercial corridor, benefitting from its proximity to major national retailers, massive shopping centers, dozens of hotels, and various points of interest. Major national retailers in the area include: Walmart, Chick-fil-A, Walgreens, McDonald’s, Starbucks, Burger King, Aldi, BB&T Bank, Taco Bell, Arby’s, BP, 7-Eleven, Dunkin’ Donuts, Waffle House, Pizza Hut, Sonic, and so many more. Hospitality accommodations within immediate proximity to this investment property include | Holiday Inn Express & Suites, Hampton Inn, SpringHill Suites, Courtyard, Super 8, Windgate, Fairfield Inn & Suites, Residence Inn, Embassy Suites, Best Western, and many more. The Chattanooga Volkswagen Production and Assembly Plant. The plant opened in 2008 and is just over 5 miles south, down I-75, from the investment AutoZone property. The 1,900,000 square foot, Enterprise South Industrial Park, employs over 2,000 and has continued to be a lucrative driver in the economy of the retail corridor shared by that of the subject investment property since. Ooltewah is a fast-growing northern suburb of Chattanooga, about 25 minutes from downtown Chattanooga, and located in Hamilton County, Tennessee. Chattanooga is a city located along the Tennessee River near the southeastern corner of Tennessee. With an estimated population of 179,139 in 2017, it is the fourth-largest city in Tennessee and one of the two principal cities of East Tennessee, along with Knoxville. Served by multiple railroads and Interstate highways, Chattanooga is a transit hub. Chattanooga lies 120 miles northwest of Atlanta, Georgia; 120 miles southwest of Knoxville, Tennessee; 135 miles southeast of Nashville, Tennessee; 120 miles northeast of Huntsville, Alabama; and 148 miles northeast of Birmingham, Alabama. The city, with a downtown elevation of approximately 680 feet, lies at the transition between the ridge-and-valley portion of the Appalachian Mountains and the Cumberland Plateau. Surrounded by mountains and ridges, the official nickname for Chattanooga is the Scenic City, reinforced by the city's reputation for outdoor activities. Its trolleylike Incline Railway scales steep Lookout Mountain before reaching Ruby Falls waterfall and Rock City, featuring sweeping views, sandstone formations and gardens. Point Park, also atop Lookout, marks the site of a Civil War battle now honored at the Battles for Chattanooga Museum
PROPERTY TAXES
| Parcel Number | 132H-B-013.02 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $714,680 |
PROPERTY TAXES
Listing ID: 18894083
Date on Market: 3/17/2020
Last Updated:
Address: 9310 Lee Hwy, Ooltewah, TN 37363
The Ooltewah-Summit Retail Property at 9310 Lee Hwy, Ooltewah, TN 37363 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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