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3158 Broad St
Chattanooga, TN 37408
Dollar General - Chattanooga, TN · Retail Property For Sale
Investment Highlights
- LOCATION LOCATION LOCATION
- Chattanooga has close to 200,000 people
- On average 25,000 vehicles per day
Executive Summary
LHT Commercial Real Estate, LLC is pleased to bring to market this Dollar General store on Broad Street in Chattanooga, TN! Chattanooga is the county seat of Hamilton County. Chattanooga has close to 200,000 people. This store is a 9.026 square foot building on 1.28 acres. There is an average of 25,000 vehicles per day in front of the store. The store opened July 16, 2015 with a NNN 15 year initial term lease with 5 - 5 year options. There is a 10% rent increase at each option period. $91,154 yearly rental income. 6.25% CAP. $1,458,465 Sales Price. Contact me today for more information!
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,026 SF
Building Class
C
Year Built
2015
Price
$2,013,220 CAD
Price Per SF
$223.05 CAD
Cap Rate
6.25%
NOI
$125,826 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.43 AC
Opportunity Zone
Yes
Zoning
UGC
Property Taxes
| Parcel Number | 155F-B-003.02 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $872,173 CAD |
Property Taxes
Parcel Number
155F-B-003.02
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$872,173 CAD
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