Investment Highlights

LONG-TERM ABSOLUTE NNN LEASE IN INCOME TAX FREE STATE
» 25-year NNN lease with absolutely no landlord management, providing an ideal investment for an out-of-area investor
» Operated by Taco Bell’s largest franchisee, with over 280 units
» Rare annual rental increases, providing an excellent hedge against inflation

IMMEDIATE FREEWAY ACCESS IN RETAIL CORRIDOR
» Immediate access to Interstate 24, a popular route for commercial traffic and for tourists traveling in the region
» 68,905 vehicles per day near the property on Interstate 24
» Within walking distance of Lookout Valley Village, a large shopping center anchored by Walmart and featuring well-known brands like Great Clips, Dollar Tree, and Cato
» Surrounded by major national tenants, including McDonald’s, Dollar General, Subway, O’Reilly Auto Parts, Ace Hardware, CVS, and more

PRIME CENTRAL LOCATION
» Centrally located just four miles from downtown Chattanooga
» Close proximity to several of the Chattanooga region’s most popular attractions, including the Tennessee Aquarium (780,000+ visitors per year), Ruby Falls (400,000+ visitors per year), and Raccoon Mountain Caverns and Campground (100,000 visitors per year)
» Strong customer base provided by nearby hotels, residential neighborhoods, and industrial parks

NEW 2018 CONSTRUCTION
» 2018 construction featuring a dedicated drive-thru, providing additional customer convenience and boosting sales revenue
» Features latest store designs and concepts
» New building, limiting near-term deferred maintenance or capital costs

Property Description

SOLD

The property is located at the intersection of Cummings Highway and South Moss Avenue, with excellent visibility and access to 13,320 vehicles per day directly in front of the property. Cummings Highway provides convenient access to Interstate 24, located less than a mile away, which has a traffic count of 68,905 vehicles per day near the property. Several notable retailers are located in the surrounding area. The property is within walking distance of Lookout Valley Village, a large shopping center anchored by Walmart and featuring wellknown brands like Great Clips, Dollar Tree, Cato, and more. Other major retailers in the nearby area include Sonic Drive-In, McDonald’s, CVS, Ace Hardware, Dollar General, O’Reilly Auto Parts, and Hardee’s.

The property is conveniently located just four miles from downtown Chattanooga. Several of the Chattanooga region’s most popular attractions are located nearby, including the Tennessee Aquarium—rated among the best aquariums in America, drawing more than 780,000 visitors each year—and Ruby Falls, the nation’s largest and deepest waterfall open to the public. Other recreational areas that are close to the property include Moccasin Bend Golf Course, Raccoon Mountain, and the Tennessee River. A number of hotels are located nearby to accommodate visitors and tourists that flock to the region, providing a strong customer base for the property.