Absolute NNN Lease: This property operates under a completely passive lease structure, imposing zero landlord management obligations. The tenant is fully responsible for all maintenance, operating expenses, real estate taxes, and insurance.
Traffic Count: Shallowford Road sees over 28,000 VPD making this an optimal location for a Gas Station / C-Store
Operating History: The presence of Circle K at this location since 2003 signifies strong, proven site performance and the tenant’s long-term commitment to the trade area.
Brand Recognition: The investment is backed by the stability of Circle K, a premier global convenience store operator with a presence in 48 states and a national ranking of 2nd, overseeing approximately 15,000 locations worldwide.
Growing Population: The local market is poised for continued expansion, with Chattanooga’s population increasing steadily since 2020, positioning it among Tennessee’s fastest-growing counties.
Retail Synergy: The site benefits from its position within a dense commercial corridor, surrounded by major national retail anchors and dealerships, including Chevrolet, Nissan, Acura, Jeep, Waffle House, and Coca-Cola, ensuring high consumer traffic.
High Visibility: The property enjoys prime exposure on a high-traffic main road and features direct accessibility due to its immediate proximity to I-75 and Gunbarrel Road.
Bonus Depreciation: This investment may qualify for 100% Bonus Depreciation, offering a significant opportunity for tax optimization. Investors should consult with a Certified Public Accountant (CPA) to confirm eligibility.
Tennessee Real Estate: Investing in Tennessee provides a distinct advantage as a tax-friendly state, making it exceptionally appealing for individuals and businesses focused on maximizing investment returns.