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1609 Ooltewah Ringgold Rd
Ooltewah, TN 37363 Apison

$2,000,000 USD

Auto Repair For Sale  •  2,000 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 2,000 SF
  • Lot Size 1.79 AC
  • Year Built 2025
  • Cap Rate 4.75 %
  • Tenancy Single
  • Zoning C-2
0 Transit Score
12 Walk Score

Highlights

Brand new 15-year lease with 4 (5-year) options to extend
Publix-Anchored Grocery Outparcel with Dense Retail Adjacencies – Located directly across from the new Shops at Enclave - Publix, Starbucks
Absolute NNN Ground Lease with ±14 Years Remaining – Long-term lease with zero landlord responsibilities, featuring 10% rent escalations
Corporate Guarantee from Valvoline, LLC (Rated “BB”) – Lease backed by a nationally recognized automotive brand with a global footprint
Attractive Below-Market Rent Offering Future Upside – Current rent is below market for the corridor, providing investors with long-term potential
Proximity to High-Enrollment Schools – Surrounded by multiple schools totaling over ±4,000 students, driving consistent daily traffic
Cap Rate: 4.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Valvoline

Amenities

  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Lovell Field 20 min - 8.9 mi
Tanner Sanford 865-456-7821 Matthews Real Estate Investment Services
Tanner Sanford 865-456-7821 Matthews Real Estate Investment Services