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    13972 Rhea County Hwy Evensville, TN 37332

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    For Sale
    $1,526,000

    Retail property with corporate tenant and highway access.

    Property size:
    10,500 SF
    Lot size:
    5.25 Acres

    Property Features for 13972 Rhea County Hwy

    General Information

    Size
    10,500 SF
    Lot size
    5.25 Acres

    Source: Passov Real Estate Group Agent Alex Van Krevel

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Evensville Retail Property For Sale

    This retail property, constructed in 2022, features a NNN lease structure and a corporate guarantee from Family Dollar Stores, Inc, which holds an S&P BBB credit rating. The property benefits from direct access to US Hwy 27 and is located directly across from Rhea County High School, approximately 35 minutes from Chattanooga. The building has 8.5 years remaining on its lease and comes with an 8.5-year general contractor warranty. The property has 10500 square feet of space. The lease includes 5% rent increases every 5 years in the option periods.
    Insight Report Location Intelligence

    Current Use by Public Records

    Family Dollar Dollar Store

    Suggested Use

    Spa & Massage Auto Repair Shop Hair Salon Nail Salon Department Store Storage Facility Grocery Store Garden Center Furniture Store Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Evensville
    County
    Rhea
    State
    Tennessee
    Longitude
    -84.929431
    Latitude
    35.59013

    FAQs

    What type of property is this?
    Drug store - Retail property with corporate tenant and highway access.
    Where is this drug store located?
    The property is located at 13972 Rhea County Hwy Evensville, TN.
    What is the asking price?
    The asking price for this property is $1,526,000.
    What are key features of this property?
    This property features: - True corporate guarantee from Family Dollar Stores, Inc (S&P BBB Credit); - **8.5 years remaining on lease**; - 2022 construction with 8.5 year general contractor warranty
    (216) 831-8100
    Request Owner's contact information
    13972 Rhea County Hwy Evensville, TN 37332
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    Evensville, TN 37332
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    13972 Rhea County Hwy Evensville, TN 37332
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