3334 Broad St Chattanooga, TN 37408-3061

This exceptional investment opportunity presents a fee-simple Dunkin' located at 3334 Broad St, Chattanooga, TN 37408. The property boasts a 2,000 square foot, single-tenant building constructed in 2020, featuring a drive-thru and situated on a 0.5-acre lot. Benefitting from a high-traffic location on Broad Street (24,000+ vehicles per day), this property enjoys strong retail synergy with nearby national brands including Publix, Wendy's, and Walgreens. The 15-year absolute NNN lease (with four 5-year options) commenced February 1, 2023, and includes 8% rent bumps every five years, providing inflation protection. The current NOI is $94,000, representing a 5.00% cap rate and a price per square foot of $940. The property's prime location is further enhanced by its proximity (0.3 miles) to Chattanooga Christian School, Hamilton County's largest private school (1,400+ students). With over 48,000 people and 19,000 households within a 3-mile radius, this Dunkin' enjoys ideal retail demographics. The property offers five parking spaces. This is a rare opportunity to acquire a well-performing, long-term net lease asset in a thriving market. The building is a single-story structure.