Retail Center for Sale Ringgold Road

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30604325
Property Subtypes: Garden Center, Restaurant, Vehicle Related, Other
Status: Pending/Contingent
Building Size (RSF): 19,250 SF
Gross Building Area: 60,113 SF
Gross Land Area: 1.38 Acres
Sale Price: $1,500,000
Unit Price: $77.92 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/21/2020

Overview / Comments

High visibility retail center located at 5337 Ringgold Road.
19250 sf with 4 retail suites
Unit A - 3000 sf
Unit B - 3000 sf 0 H&R Block, lease through 4/30/2021 with option
Unit C - 2870 sf
Unit D - 10000 sf East Ridge Hardware month to month, drive in ramp in rear and extra lot for parking and storage.

Extra 102 x 150 lot in rear of property behind the 10,000 sf space is great for additional truck parking storage, etc. Access from Oakdale Ave in rear of building to Ringgold Road in front.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton county
Tax ID/APN: 033169G J 02400
Zoning: C-2
Retail Clientele: General, Business, Other
Property Located Between: McBrien and Altamont
Property Visibility: Excellent
Largest Nearby Street: McBrien
Feet of Frontage: 205
Traffic/Vehicle Count: 21,412
Highway Access: Easy access to 1-24 via McBrien Road or Ringgold to I-75
Airports: Chattanooga Metropolitan Airport
Site Description: Great visibility and ample parking in front. Large lot in rear for additional truck parking or storage.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 2000
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Attractive block building with signage and store fronts
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Other
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,397 72,738 155,211
Median Age: 38.56 37.42 37.27
Households: 4,707 30,695 63,943

Contact

Photograph of Listing Agent

Lisa A Brown

Keller Williams Realty Greater Chattanooga REALTORS® Member
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