120 General Lee Dr Ringgold, GA 30736

This exceptional investment opportunity presents a thriving 10,200-square-foot Farm to Fork restaurant in Ringgold, Georgia. Located at 120 General Lee Dr, this single-tenant, net-lease property boasts a highly desirable location, less than half a mile from Interstate 75, experiencing significant traffic counts exceeding 93,000 vehicles daily on I-75 and over 30,000 on Battlefield Parkway. The property sits on a 1.35-acre lot and benefits from a strong average household income exceeding $99,000 within a one-mile radius and $92,000 within five miles. Built in 2017, the restaurant enjoys 100% occupancy with a remaining lease term of over 12 years, extending to November 30, 2036, featuring 1% annual rent bumps. The current Net Operating Income (NOI) stands at $226,974, yielding a 7.56% cap rate, and the asking price is $3,000,000 ($294.12 per square foot). Farm to Fork has established a strong reputation, evidenced by a 4.3-star Google rating with over 4,800 reviews. The restaurant includes two large banquet rooms and recently added a porch, enhancing its appeal. Its proximity to a Hampton Inn and SpringHill Suites, along with other retail and commercial establishments, further solidifies its strategic position within the thriving Chattanooga MSA, projected to grow by 3.2% over the next five years. This property offers a compelling combination of strong performance, long-term lease stability, and significant growth potential. The lease includes one five-year option to extend.