Contacts
Filip Hernas
Prime Net Lease
Property Details
- Property Type Retail - Strip
- Property Size 12,000 SF
- Units 2
- Lot Size 1.24 Acre
- Additional Rent Contact for pricing
- Property Tenancy Multi-Tenant
- Year Built 1976
- Year Renovated 2024
- Date Updated Oct 29, 2024
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Highlights
- LONG TERM TENANCY - Dollar General has successfully operated at this location for the past 20+ years, extending it's lease on multiple occasions along the way showing it's long term continued commitment to the site.
- MINIMAL COMPETITION - The property is more than 8 miles away from the nearest discount store or major grocer, making this a go-to store for local residents and businesses.
- DIVERSE TENANT MIX – The property features a strong mix of tenants with Dollar General providing stability as a national anchor tenant, and a locally operated Dance Studio which attracts additional foot traffic and offers a service-based business that complements the retail environment.
- RECENT RENOVATIONS - Landlord has recently renewed the exterior facade of the property as well as part of the interior. Dollar General renovated their interior within this renewal period, further showing their investment in this location.
- IDEAL DOLLAR GENERAL MARKET - The surrounding area has household income levels of $58,724 in the 1-Mile Ring and $49,632 in the 3-Mile Ring. Surrounding density of over 12,000 residents within a 10-mile radius.
- PANDEMIC PROOF - Essential Business that remained unaffected throughout the COVID-19 pandemic. Open and paying rent on time in full with no requests for temporary rent abatement nor rent reduction.
- NATIONALLY RECOGNIZED TENANT - Dollar General is the largest “Small Box” retailer in the nation. Dollar General has been in business since 1939 with over 20,000+ locations Nationwide. NYSE: DG Investment Grade "BBB" rating.
Getting around
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Location
- City Stevenson, AL
- Zip Code 35772
- Market Chattanooga
Points of Interest
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Texaco
6.27 miles
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Jack's
1.88 miles
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McDonald's
1.98 miles
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Burger King
2.02 miles
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FoodLand
1.79 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Filip Hernas
Prime Net Lease