$8,495,000
260 16th Avenue, Dayton, TN 37321
Current Rent **
$10,000+
Projected Rent **
$10,000+
Tennessee Shopping Center - FOR SALE / 100% Leased
High Mark Shopping Center is a 109,500 square foot multi-tenant strip center located in fast-growing Dayton, Tennessee (Rhea County) and is currently 100% leased by a diverse tenant mix with good term remaining on the leases. Dayton is located along the Tennessee River just 39 miles north of downtown Chattanooga and lies just 29 miles west of Cleveland, Tennessee, a major suburb of Chattanooga. Harbor Freight, Dollar General, Prime Treasures, along with a number of medical and other inline retailers share the parking lot.
Over $2m of Value Add Opportunity: This is a value-add opportunity investment to increase rents over the next two years along with a potential buy back of included outparcel to minimize buyer capital exposure.
Please contact Chuck Davis (Listing Agent / Bigger Pockets Pro Member) at 423.645.3785 for more info.
Location:
260 16th Avenue, Dayton, TN 37321
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** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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