Bussiness Oppurtinity Close to Volkswagen

Industrial for Sale
Catylist Listing ID: 30584747
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Mixed Use, Light Industrial, Office Showroom, Warehouse/Distribution
Building Size (RSF): 41,931 SF
Gross Building Area: See Agent
Sale Price: $2,950,000
Unit Price: $70.35 PSF
Ceiling: 25 ft.
Docks/Doors: 1 Dock
Office SF: 13,592 SF
Drive In Bays: 2 Bays
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 5/19/2020

Overview / Comments

Office/Warehouse located just off Bonny Oaks Dr. in Industrial Park near UPS and FedEx. Property is nearear highway interchanges and less than 2 miles from Enterprise South where VW Plant is located. 28,389 SF warehouse space and 13,542 office space with 28 ft. ceilings. Owner financing available unique working warehouse fully insulted two showrooms or call centers, leased income in place at $225k per year (two leases for 3 and 5 years, one lease for 1 year) motivated seller make offer this warehouse is 3.1 miles from Volkswagen.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033129K B 03400
Zoning: M-2
Highway Access: Hwy 153 access is 0.9 miles by way of Bonny Oaks; I-75 is 3.4 miles away by way of Bonny Oaks
Airports: (CHA) Chattanooga Metropolitain Airport
Site Description: Large warehouse and office building has has may possible opportunities.
Area Description: Industrial park with multiple businesses located next to the property.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Construction/Siding: Concrete - Tilt up, Metal/Glass
Total Parking Spaces: 30
Eave Height: 10
Amps: 200
Volts: 240
X-Phase: Three-Phase
Heat Type: Electricity, Natural Gas
Heat Source: Other
Air Conditioning: Engineered System
Lighting: Fluorescent, Metal Halide
Internet Access: Cable
Lot Frontage: 300
Lot Depth: 350
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: A & B Brokers
Legal Description: LT 21 BONNY OAKS INDUSTRIAL AND OFFICE PARK PHASE ONE 40-116

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,294 36,934 128,515
Median Age: 39.41 40.86 39.41
Households: 2,229 16,362 53,869

Contact

Photograph of Listing Agent

Ward Sibold

Berkshire Hathaway HomeService Greater Chattanooga REALTORS® Member
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