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15403 Rankin Ave. Dunlap, TN 37327

$1,718,100

For Sale

Details

  • StatusFor Sale
  • Price$1,718,100
  • Cap Rate6%
  • TenantsO'Reilly Auto Parts
  • Term Remaining8 Years
  • Property TypeRetail
  • Building Size8,075 SF
  • Lot Size1.04 Acres
  • NOI$103,086

Property Description

This O’Reilly Auto Parts property at 15403 Rankin Avenue, Dunlap, TN, presents a secure investment opportunity within a high-traffic retail corridor. The 8,075 SF building, constructed in 2018, is leased to O’Reilly Auto Parts, a Fortune 500 company with an investment-grade BBB credit rating. This NN+ lease offers minimal landlord responsibilities, with 6% rental increases beginning in year 11 and extending through the option periods. The property sits on a 1.04-acre lot along Rankin Avenue, which sees over 15,959 vehicles daily, offering excellent visibility and strong customer traffic. Nearby tenants include Walgreens, McDonald’s, and Verizon Wireless, further enhancing the site’s desirability.

Dunlap is a growing community within the Chattanooga MSA, a tax-friendly area with no personal income tax. Just 40 miles from the Volkswagen assembly plant in Chattanooga, this location benefits from the area’s booming automotive industry. This investment-grade property offers stable long-term returns and a reliable corporate tenant.

For more information on this property or to schedule a tour, contact us today.

Map

Contact

Portrait of Kaveh Ebrahimi of Helios CRE

Kaveh Ebrahimi

Managing Partner

DRE 1896322

(805) 889-7837

Portrait of Neeraj Kumar

Neeraj Kumar

Net Lease Investment Advisor

DRE 02158755

(925) 640-4283

Request more information.