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Newly Built Absolute NNN Property
New
For Sale
$2,960,000

354 Kimball Crossing Dr, Kimball, TN 37347

New construction supports a long-term absolute NNN lease structure with scheduled rent increases.

Property SizeContact for details
Days on Market4

Property Features for 354 Kimball Crossing Dr

General Information

Standard status Active
Property subtype Commercial
Lease Term ± 20 Years
Net Operating Income $185,000

Building Details

Year Built 2024
Tenancy Single
Listing Agency: Matthews Real Estate Investment Services
Listed By: Chad Kurz · License #01911198 (CA)
Source: Matthews
Added: Aug 19 Changed: Aug 20 Last Checked: Aug 22 at 3:28AM

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 Real Estate Investment Services

Investment Insights

Based on property information with market context.

Completed in 2024, this NNN property is subject to a newly executed 20-year absolute NNN lease. The agreement includes 10% rent increases every five years during the base term and option periods, providing a defined lease-escalation schedule.

The property is located at 354 Kimball Crossing Dr in Kimball, Tennessee, within the Chattanooga MSA. Nearby retail includes Walmart, Tractor Supply Company, Lowe’s, and Starbucks. The surrounding 5-mile area has approximately 23,686 residents, with 1.5% trailing 5-year population growth. The asset is also positioned near regional transportation corridors serving the Kimball submarket.

Key Highlights

  • 20‑year absolute NNN lease with 10% rent increases every five years
  • Built in 2024
  • Lease escalations continue through the base term and option periods

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Electrical Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Garden Center Grocery & Convenience Store Real Estate Agency

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

170
Businesses Nearby
309k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 52% Superstores 20% Shops & Services 17% Home Improvements & Furnishings 7%
Walmart Superstores
60,540 visits/mo 0.3 miles
McDonald's Dining
30,288 visits/mo 0.3 miles
Raceway Shops & Services
29,921 visits/mo 0.3 miles
Cracker Barrel Old Country Store Dining
24,046 visits/mo 0.1 miles
Lowe's Home Improvements & Furnishings
21,987 visits/mo 0.5 miles

Demographics for 37347, TN

8,280
Population
3,996
Households
2.1
Avg Household Size
44
Median Age
19%
College-Educated
87%
High-School Grad
48.9 sq mi
ZIP Area
169
Density / Sq Mi
$57,854
Median Household Income
$36,734
Median Earnings
$798
Median Rent
$141,600
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
NNN property - New construction supports a long-term absolute NNN lease structure with scheduled rent increases.
Where is this nnn property located?
The property is located at 354 Kimball Crossing Dr Kimball, TN.
What is the asking price?
The asking price for this property is $2,960,000.
What are key features of this property?
This property features: 20‑year absolute NNN lease with 10% rent increases every five years; Built in 2024; Lease escalations continue through the base term and option periods
More about this property
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