13972 Rhea County Hwy, Evensville, TN

Listing agent Alex Van Krevel License #SAL.2018001867

Listing office Passov Real Estate Group Show Phone

Listing date May 7, 2024

Source Moodyscre

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

All listing content including descriptions, pricing, images are the copyrighted material of Passov Real Estate Group

Report an issue

---

Overview

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.

Suggested Use

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

-84.9294

Latitude

35.5901

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