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240 Sam Walton Dr, Dayton, TN, 37321

Dayton Crossing

$2,426,667

Key Information

Cap Rate
6.75%
Tot. SF
15,000
Lot Size
1.42 Acres
Units
2
Year Built
2003
Term Remaining
± 8 Years
Type
Shopping Centers
Occupancy
100%
NOI
$163,800

Highlights

• National Tenant Roster – Dayton Crossing is anchored by nationally recognized, strong-credit tenants, including Dollar Tree and Verizon, providing investors with established tenancy and proven brand recognition.
• NNN Lease Structure – Both tenants are responsible for their pro-rata share of operating expenses, providing the landlord with limited exposure to increases in property-level operating costs and inflationary pressures.
• Long-term Tenant Commitment – Both Dollar Tree and Verizon have occupied the property for more than 10 years, demonstrating a strong track record of tenant retention and commitment to the location.
• Recent Lease Extensions – Verizon recently exercised its five-year renewal option, while Dollar Tree exercised both its third and fourth renewal options in 2023, extending its lease term through 2033.
• Attractive Retail Design – The property features prominent tenant signage, ample parking, convenient access, and high visibility, creating an attractive environment for both tenants and consumers.
• Strong Real Estate Fundamentals – Prime retail positioning seeing nearly 25,000 VPD.
• Dense Retail Pocket – The broader US-27 corridor includes Walmart, Lowe’s, Food City, Dollar Tree, AutoZone, Tractor Supply and other national/regional retailers, reinforcing Dayton’s position as the primary retail destination for Rhea County.
• Population Growth – Dayton, TN has experienced approximately 5.8% population growth since 2020, demonstrating continued demand and positive momentum within the local market.
• Affluent Suburb – The average household income in a 3-mile radius is $74,187.
• Chattanooga Metropolitan Statistical Area – Chattanooga reached an estimated 194,144 resident in 2025, up approximately 6.9% from the 2020 Census.

Photos

Location

Agents

Broker of Record

Hutt Cooke

License # 356505, 263667 (TN)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203