Shopping Center Dunlap, TN

7324 State Highway 28
Dunlap, TN

Price: $2,250,000
Cap Rate: 7.16%
NOI: $161,204
Building Size: Approx. 28,000 Sq. Ft.
Lot Size: Approx. 5.01 Acres
Type: Multi-Tenant / Retail
Year Built / Renovated: 1977 / 2011

Investment Overview

  • 2011 Renovation. 28,000+/- SF Building on 5.01+/- Acre Site
  • Located Along Hwy 28 and Rankin Avenue (16K VPD)
  • Priced Below Replacement Cost w/ 2 Acres of Undeveloped Land
  • Near Walmart, Autozone, Walgreens, Dollar General, McDonalds
  • Dunlap is 23 Miles from Chattanooga, the 4th largest city in TN
  • Chattanooga is Strategically Nestled Between City Life and Outdoor Rec
  • Dunlap | Avg. HH Income 69 Thousand+ within 1 Mile of Site