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3584 Battlefield Pky 4,000 SF Retail Building Fort Oglethorpe, GA 30742 $4,162,410 CAD ($1,040.60 CAD/SF) 6% Cap Rate

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Investment Highlights

Corporate Verizon Wireless Lease
Investment grade Fitch “A-” & S&P “BBB+” Rating

Verizon just extended the lease early

Executive Summary

This 4,000 SF freestanding retail property sits on 1.30 acres along Battlefield Parkway, the area’s primary retail corridor, with strong visibility and traffic counts of approximately 31,550 vehicles per day. Strategically located just off I-75 and only 8 miles from Chattanooga, the site is surrounded by top national retailers including Walmart SuperCenter, Publix, Walgreens, Ross, Wendy’s, Five Guys, Jersey Mike’s, Hobby Lobby, Buffalo Wild Wings, and Chipotle. The property benefits from a long-standing corporate lease, recently extended early through January 31, 2033, underscoring the tenant’s commitment to this location. Built in 2008, the asset features a NN lease structure with current annual rent of $168,000, increasing to $180,000 on February 1, 2028. Backed by an investment-grade tenant and positioned in a growing Chattanooga-area suburb, this is a compelling passive investment with durable income and premier retail frontage.
Price of 6% CAP based on 2/1/2028 rent.

Property Facts

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Freestanding

Building Size

4,000 SF

Building Class

Year Built

2008

Price

$4,162,410 CAD

Price Per SF

$1,040.60 CAD

Cap Rate

NOI

$249,745 CAD

Tenancy

Single

Building Height

1 Story

Building FAR

0.07

Lot Size

1.30 AC

Zoning

FOR C-1 - General Retail

Air Conditioning

Information
99,999 SF
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Verizon Communications was formed through the merger of Bell Atlantic and GTE and began operating as a combined company in 2000. Verizon operates as a communications technology company with consumer and business groups, alongside public sector and network-focused offerings. The company provides wireless service, broadband connectivity, fiber-based services, and solutions for enterprise and government customers. The company maintains ongoing investment in network expansion and product development across mobility, broadband, and business services.