Overview
Cushman & Wakefield is pleased to present the Dollar Tree located at 3980 Ringgold
Road in East Ridge, Tennessee. Built in 1997, the ±10,722‑square‑foot building sits on
±1.34 acres and occupies a highly visible position along East Ridge’s primary retail
corridor. The property features strong frontage, excellent accessibility, and is leased
to Dollar Tree, one of the nation’s leading discount retailers, reinforcing its role as a
reliable retail destination within the Chattanooga metropolitan area.
Strategically positioned at the I‑24/I‑75 interchange, the site offers exceptional
connectivity to Chattanooga, Atlanta, and Nashville. Ringgold Road serves as East
Ridge’s primary commercial artery, generating steady traffic volumes and providing
consistent visibility for retailers. Surrounding neighborhoods, a reliable consumer base,
and proximity to major employment sectors in healthcare, manufacturing, and logistics
further support durable retail demand.
The Double Net (NN) lease provides passive income with minimal landlord obligations
limited to roof, structure, and parking lot. Backed by Dollar Tree’s operations, strong
retail fundamentals, and East Ridge’s Border Region Retail Tourism designation,
the property offers consistent cash flow, visibility, and income security in one of
Chattanooga’s most accessible retail corridors.
Investment Highlights
• 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 7.2 years remaining on the lease, offering investors long-term income security through at least 7/31/2033.
• 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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