7-Eleven Hwy 153, Chattanooga

Hwy 153, Chattanooga

Price: $7,927,642
Cap Rate: 5.00%
NOI: $396,382
Building Size: Approx. 5,464 Sq. Ft.
Lot Size: Approx. 1.56 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2023

Investment Overview

  • 2023 Construction. 5,464+/- SF Building on 1.56+/- Acre Site
  • Brand New 15 Year Corporate NNN Lease w/ 7.5% Rental Increases Every 5 Years
  • Excellent Highway Location On Hwy 153 (56K+ VPD) and Surrounded by National Retailers
  • Large Format 7-Eleven Featuring Dual Restaurants – Laredo Taco, Raise the Roost Chicken, and 8 MPDs.
  • Subject Property Located Approx. 1 Mile from Kordsa – a Global Leader in Aircraft and Auto Tire Reinforcement
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
  • Chattanooga  |  Fastest Growing City in Tennessee | Metro Population: 430,000+

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