Cap Rate
8.5%
Tot. SF
8,000
13170 Highway 28, Whitwell, TN, 37397
Family Dollar$602,353
Key Information
Lot Size
1.81 Acres
Year Built
1999
Term Remaining
±4 Yrs
Type
Retail
Highlights
- Long-Term Occupancy – Tenant has been at the site since 1999 showing a strong commitment to the site
- Replaceable Rent – Tenant is paying well below market rent at just $6.07/PSF
- Multiple Options Remaining – Family Dollar has 3 options of 5 years each remaining
- Minimal Landlord Responsibilities – Landlord only responsible for major capital replacements
- Essential Retailer – Family Dollar is an essential retailer, offering everyday items, groceries, and household products at affordable prices. Family Dollar has demonstrated resilience, even during economic downturns, making it a reliable investment choice.
- Chattanooga MSA – ±20 miles from downtown Chattanooga, the fourth largest city in Tennessee
Photos
Location
Agents
B
Brayden ConnerLicense # ER.100106933 (CO)
C
Clay SmithLicense # 361676 (TN)
Financing Agents
Broker of Record
Hutt Cooke
License # 263667 (TN)Matthews Real Estate Investment Services, Inc1600 West End, Ste. 1500 Nashville, TN 37203