Hamilton Place Area Restaurant

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30055842
Property Subtypes: Free-Standing Building, Restaurant
Status: Pending
Building Size (RSF): 9,000 SF
Gross Building Area: See Agent
Gross Land Area: 1.50 Acres
Sale Price: $2,500,000
Unit Price: $277.78 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/15/2017

Overview / Comments

RARE OPPORTUNITY!
Location fronts Hamilton Crossing with great exposure to the Ring Road. Easy access from multiple roads including one block from Gunbarrel.

HAMILTON PLACE MALL
Super Regional Mall, more than one million square feet and 200 acres retail.

GUNBARREL ROAD
In the very center of retail activity in the greater Chattanooga area. Additional explosive retail growth along Gunbarrel plus regional hospital, medical, and professional offices and multi-screen theaters.

TOURISM
I-75 exit at Shallowford Road. Approximately 20 hotels in the immediate area, including a new Embassy Suites.

NOTE: EMPLOYEES DO NOT KNOW RESTAURANT IS FOR SALE––PLEASE USE DISCRETION!

Full set of plans now available.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033149I A 00140P000
Zoning: C-4
Retail Clientele: General
Property Visibility: Excellent
Largest Nearby Street: Hamilton Place Blvd., Gunbarrel Road, Shallowford Road
Feet of Frontage: 316
Highway Access: One block from I-75 via Shallowford Road
Airports: Chattanooga Municipal Airport
Site Description: Level; two curb cuts.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1992
Roof Type: Mansard
Total Parking Spaces: 92
Parking Type: Surface
Zoning Description: C-4
Lot Frontage: 316'
Lot Depth: 200'
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lt. 16-R Hamilton Place commercial C Omplex 40-158 Rev 43-9

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,473 52,688 111,563
Median Age: 42.51 40.4 39.57
Households: 4,160 21,965 45,442

Contact

Source

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