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Tennessee State Office “AAA” Rating By S&P

6407 TN-28, Dunlap, Tennessee 37327 Map
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Brand New Construction: Net Leased Government Office Relocation

Listing Price $1,462,500

Status Closed
Lease Type Absolute Net
GLA (Sq. Ft.) 7,200
NOI $103,841
State (BOR) TN
Broker of Record Jody McKibben
License # (BOR) 307629
Close Date Jan 6, 2022
Brand New Tennessee State Government Office

Investment Highlights

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  • Subject Property is 7,200-Square-Feet of Gross Leasable Area on a 1.21-Acre Lot, with 51 Parking Spaces
  • New Construction with 10-Year Lease and a “AAA” Credit Rated Tenant
  • Located on Busy State Route 28, With a Daily Traffic Count of 10,348 Vehicles per Day and Connects to Interstate 24 (47,858 VPD) and State Route 127 (13,359 VPD)
  • Nearby National Retailers Include: Walmart Supercenter, Walgreens, Dollar General, McDonald’s, Subway, Wendy’s, AutoZone, Dollar Tree, Taco Bell and More
  • Subject is Located Two Hours South of Nashville (135 Miles) and Within Forty Five Minutes North of Downtown Chattanooga (28 Miles)
  • Booming Market with Median Household Income Growth of Nearly 50-Percent Since 2000 | Over 42,000 People Live Within Ten Miles with an Average Household Income of $60,000
  • Volkswagen Assembly Plant (2,000 Employees) and Amazon Fulfillment Center (1,500 Employees) are Both Located within 40 Miles Southeast of Subject Asset
  • Subject is Located Less Than One Mile from Approximately 2,200 Students Across Three Public Schools, Grades PK-12

Investment Overview

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This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2020 Marcus & Millichap and Limon Net Lease Group

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