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Property profile & analytics
OFF-MARKET
Lifestyle centers

7896 Dalton Pike Cleveland, TN 37323

10,640 SF 1.65 ac lot Built 2024
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, single-tenant Dollar General store in Cleveland, Tennessee. The property boasts a 10,640 square foot building situated on a 1.65-acre lot at 7896 Dalton Pike, Bradley County, zip code 37323. Constructed in 2024, this Class A retail space enjoys 100% occupancy under a 15-year absolute NNN lease with a corporate guarantee from Dollar General. The lease includes five (5), five (5) year renewal options, with built-in rent bumps of 5% every five years. The current annual net operating income (NOI) is $162,655, representing a 6.50% capitalization rate and a price per square foot of $235.19. The asking price for this exceptional investment is $2,502,384. This strategically located property is approximately 40 miles from downtown Chattanooga, offering significant growth potential and a strong tenant with a Standard & Poor's "BBB" credit rating. The property's location on Dalton Pike ensures high visibility and accessibility. This is a rare opportunity to acquire a high-quality, net-leased retail asset with a long-term, secure lease and substantial upside potential.

Property profile
Verified
Property type Lifestyle centers
Year built 2024
Total area 10,640 SF
Lot 1.65 ac (71,874 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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