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NNN Retail Property

305 Tennessee Avenue, Etowah, TN 37331

For Sale
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A build-to-suit retail building is occupied under an absolute NNN lease.

Property Size10,640 SF
Price / SF$137.49
Days on Market116

Property Features for 305 Tennessee Avenue

General Information

Standard status Active
Size 10,640 SF
Property subtype Retail
Net Operating Income $95,086

Additional Details

Tenant in Place Yes

Building Details

Year Built 2022
Tenancy Single
Listing Agency: Matthews
Listed By: Connor Olandt · License CA #01985082
Source: Crexi
Added: Jul 17 Changed: Nov 8 Last Checked: Jul 19 at 2:07AM

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 Matthews

Rey
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Investment Insights

Based on property information with market context.

Built in 2022 for Dollar General, this 10,640-square-foot retail property is configured for a single tenant. The building is subject to an absolute NNN lease with approximately 11 years remaining on its initial 15-year term.

Key Highlights

  • 10,640‑square‑foot retail building completed in 2022
  • Built to suit for Dollar General
  • Absolute NNN lease with approximately 11 years left in the initial 15‑year term

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Western Union Bank Dollar General Discount Store Redbox Cinema

Suggested Use

Top Pick Building Supply Law Firm Parking Lot & Garage HVAC Service Dental Office Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

150
Businesses Nearby
42k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 55% Shops & Services 43% Hotels & Casinos 2%
McDonald's Dining
17,068 visits/mo 0.4 miles
Dollar Tree Shops & Services
5,804 visits/mo 0.4 miles
Waffle House Dining
3,958 visits/mo 0.4 miles
AutoZone Shops & Services
3,175 visits/mo 0.4 miles
Citgo Shops & Services
2,830 visits/mo 0.5 miles

Demographics for 37331, TN

7,792
Population
3,721
Households
2.1
Avg Household Size
44
Median Age
19%
College-Educated
87%
High-School Grad
39.4 sq mi
ZIP Area
198
Density / Sq Mi
$56,484
Median Household Income
$35,362
Median Earnings
$837
Median Rent
$171,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
NNN property - A build-to-suit retail building is occupied under an absolute NNN lease.
Where is this nnn property located?
The property is located at 305 Tennessee Avenue Etowah, TN.
What is the asking price?
The asking price for this property is $1,462,876.
What are key features of this property?
This property features: 10,640‑square‑foot retail building completed in 2022; Built to suit for Dollar General; Absolute NNN lease with approximately 11 years left in the initial 15‑year term
(818) 618-4522 Call to check price and availability
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