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Valvoline - Ooltewah, TN (Chattanooga MSA) 1609 Ooltewah Ringgold Rd 2,000 SF Retail Building Ooltewah, TN 37363 $2,708,020 CAD ($1,354.01 CAD/SF) 4.75% Cap Rate
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
$2,708,020 CAD
Price Per SF
$1,354.01 CAD
Cap Rate
4.75%
NOI
$128,631 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.79 AC
Zoning
C-2 - Commerical
AMENITIES
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Valvoline
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Valvoline | - | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 172-050.05 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $888,817 CAD |
PROPERTY TAXES
Parcel Number
172-050.05
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$888,817 CAD
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Valvoline - Ooltewah, TN (Chattanooga MSA) | 1609 Ooltewah Ringgold Rd
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