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Investment Highlights

  • Absolute NNN lease with zero landlord responsibilities for passive income
  • ±5.5 years remaining on recently extended lease; 1st option exercised
  • 5-Mile population of 141,941 with 1.2% projected growth over 5 years
  • Corporate guaranty from Dollar General Corporation
  • 10% rent increase on Feb 1, 2027 — cap rate rises to 7.43%
  • Average household income of $84,662 within 5-mile radius

Executive Summary

Hutt Cooke
License # 356505, 263667 (TN)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Year Built
2012
Price
$1,957,000 CAD
Price Per SF
$215.05 CAD
Cap Rate
6.75%
NOI
$132,098 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.04 AC
Opportunity Zone
Yes
Zoning
M1 - Industrial District
Parking
36 Spaces (3.96 Spaces per 1,000 SF Leased)
Frontage
239’ on Dodson Ave
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
128P-C-005.01
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$750,286 CAD
  • Listing ID: 41597333

  • Date on Market: 2026-08-07

  • Last Updated:

  • Address: 3101 Dodson Ave, Chattanooga, TN 37406

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