7-Eleven

4886 Bonny Oaks Dr, Chattanooga, TN 37416

7-Eleven

Price $9,668,951
CAP Rate 5.15%
Lease Term 14+ Years
Net Operating Income (NOI) $497,951

Property Data

Building Size (SF) 4,650
Land Size (AC) 2.15
Year Built2025

Tenant(s) 7-Eleven
Guaranty Corporate
Lease Type Abs. NNN

Landlord Responsibilities None
Increases 10% Every Five Years

Options 3 x 5 Yr
Rent Commencement 9/1/2025
Lease Expiration 8/31/2040

Offering Memorandum

Contact Broker

About Property

STONECLIFF is pleased to present the exclusive listing for a 7-Eleven located at 4862 Bonny Oaks Dr Chattanooga, TN 37416. The site consists of roughly 4,650 rentable square feet of retail space on an estimated 2.15-acre parcel of land. This 7-Eleven is subject to a 15-year Absolute Triple Net (NNN) Lease. The annual rent is $497,951 with scheduled 10% Every Five Years in Primary Term and Option Periods.

Investment Highlights

Brand new 15-year absolute NNN lease with 10% rental increases every five years
Strategically located on a hard corner at the intersection of Bonny Oaks Dr (21,178 VPD) & Jersey Pike (12,870 VPD) near the entry ramp of Hwy 153 (181,300 VPD)
Located 8 minutes from Chattanooga Metropolitan Airport which sees over 1.1-million passengers
Dense industrial park with several large distribution centers in the immediate trade area
The property is located 12 minutes from the Volkswagen Plant -Trailer City which employs over 5,500 people
The Chattanooga MSA has an estimated population exceeding 588,050 (2024)