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3980 Ringgold RdEast Ridge, TN 37412
Dollar Tree
Asset ClassRetail
Deal Size$1.93 M
Cap Rate: 7.2%Lease-Term Remaining: 7.5 YearsSquare Feet: 10,722Access Data Room
Single Tenant Net Leased Opportunity

Investment Highlights

Land
1.34 Acres
Year Built
1997
Parking Spaces
38 Spaces
Occupancy
100%
MSA
Chattanooga

• INVESTMENT GRADE CREDIT TENANT

Dollar Tree, Inc. (NASDAQ: DLTR) maintains an investment grade credit rating of BBB (S&P) with a stable outlook, providing investors with secure and predictable income backed by a financially strong, nationally recognized corporation.

• LONG-TERM LEASE

Dollar Tree has over 7.5 years remaining on the lease, offering investors long-term income security through at least 2033.

• CHATTANOOGA MSA LOCATION

The property is located in East Ridge, TN, within the Chattanooga, TN–GA MSA, home to approximately 590,000 residents and supported by strong job growth over the past decade driven by healthcare, logistics, manufacturing, and education employers, fueling consistent retail demand and long-term tenant stability.

• PASSIVE LEASE STRUCTURE

The tenant operates under a Double Net (NN) lease, with landlord responsibilities limited to the roof, structure, and parking lot, providing a largely passive ownership profile.

• DENSE RETAIL CORRIDOR

Positioned along Ringgold Road with traffic counts exceeding 21,000 vehicles per day, the property is surrounded by national retailers including Save A Lot, The UPS Store, Food City, Walmart Neighborhood Market, Bojangles, and others, reinforcing strong traffic and co-tenancy synergies.

• TAX-FREE STATE

Tennessee has no state income tax, enhancing after-tax returns and making the state an attractive destination for long-term real estate investment

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3980 Ringgold RdEast Ridge, TN 37412

Sales Team

David MatheisAnalyst

License #: IL Lic No. 475.122515

(312) 470-2347david.matheis@cushwake.com
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Listing provided by Revere CRE