3435 Rhea County Hwy Dayton, TN 37321-5817
This exceptional investment opportunity presents a 3,877 square foot, single-tenant Bojangles' restaurant located at 3435 Rhea County Hwy, Dayton, TN 37321. The property boasts an absolute NNN lease with a credit-rated corporate guarantor, ensuring minimal landlord responsibilities. Built in 2017, the building benefits from a 15-year lease (commencing January 27, 2017, and expiring January 31, 2032), with approximately 7.2 years remaining on the base term and attractive 1.25% annual rent bumps. The property sits on a 1.07-acre parcel with excellent visibility and accessibility, situated on a high-traffic roadway (20,352 vehicles daily) connecting Dayton to Chattanooga. Its strategic location between Lowe's and Walmart Supercenter, along with proximity to other major retailers (including McDonald's, Wendy's, Burger King, and more), ensures consistent high traffic. The property also benefits from its proximity to Bryan College and the Nokian Tires factory, contributing to a strong local market. The asking price is $2,369,000, representing a 6.65% cap rate and a NOI of $157,515. This is a truly passive investment opportunity with significant upside potential. The property's location within the Chattanooga MSA further enhances its value and long-term prospects. The current occupancy is 100%.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.