Vacant C-Store on I-75 & Battlefield Parkway

Retail-Commercial for Sale
Catylist Listing ID: 30408490
Property Subtypes: Car Wash, Convenience Store, Free-Standing Building, Garden Center, Restaurant, Retail-Pad, Service Station/Gas Station, Vehicle Related, Other
Building Size (RSF): 2,616 SF
Gross Land Area: 1.16 Acres
Sale Price: $599,000
Unit Price: $228.98 PSF
Ceiling: 10 ft.
Property Use Type: Investment, Vacant/Owner-User
Building Name: Shell Station Convenience Store
Usable Size (USF): 2,616 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/13/2019

Overview / Comments

Closed down Shell branded convenience store for sale located just south of Chattanooga, TN at I-75 and Battlefield Parkway (Hwy 2A). Store is just off of the south bound off ramp. The site has 1.1 acres and has great visibility from all sides. There is an existing 75-100 foot pole sign that comes with the property that is well seen on I-75. The building has 2,216 SF and is laid out in a typical c-store design.

The Shell branded signs and other items can only be used if you use Shell gasoline. Competition is across Hwy 2A with a RaceTrac store.

I-75 carries about 80,000 cars/day and Hwy 2A carries about 19,000 cars/day.

The property has 3-10,000 gallon tanks and 1-2,000 gallon tank. They are composite tanks. Seller has kept the tanks closed properly according to regulations.

Additional Details

Nearest MSA: Chattanooga
County: Catoosa
Taxing Authority: Ringgold
Tax ID/APN: 0037C-004
Zoning: C-2
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention
Property Located Between: Battlefield Pkwy and I-75
Property Visibility: Excellent
Largest Nearby Street: Interstate 75
Feet of Frontage: 232
Traffic/Vehicle Count: 80,000
Highway Access: Just off Exit number 350 at I-75 and Battlefield Parkway (Hwy 2A)
Airports: Chattanooga Metropolitan
Site Description: The site is level and at street grade located just off of the south bound exit ramp. Has two curb cuts. Large canopy over the 8 gasoline pump stations.
Area Description: Is just south of Chattanooga, TN and located in Ringgold, GA. Three new hotels have recently been built on the other side of the interstate along with a large sit down restaurant. A Publix Grocery store has opened recently a few miles west of the site on Hwy 2A.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,216 SF
Property Condition: Good
Year Built: 1993
Roof Type: Flat
Construction/Siding: Stucco, Wood Siding
Parking Type: Surface
Parking Description: Parking is provided in front of retail store and around the concrete site.
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: Has typical service counters with open floor plan for merchandise racks. 2 handicap restrooms. Large glass walled beverage cooler with doors.
Zoning Description: Commercial
Lot Frontage: 232
Lot Depth: 218
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,133 24,760 60,776
Median Age: 36.95 37.63 39.19
Households: 1,175 9,228 23,892

Contact

Photograph of Listing Agent

Robert Fisher

KW Commercial Greater Chattanooga REALTORS® Member
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