Retail - For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30275982
Property Subtypes: Free-Standing Building, Other
Building Size (RSF): 10,225 SF
Gross Building Area: See Agent
Gross Land Area: 1.30 Acres
Sale Price: $950,000
Unit Price: $92.91 PSF
Property Use Type: Vacant/Owner-User
Building Name: Former Rite Aid Pharmacy
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/15/2018

Overview / Comments

The former Rite Aid is located in Red Bank at a signalized intersection that sits on a corner lot at Ashland Terrace and Dayton Blvd. A short distance from Hwy 27. New Roof installed in 2017. 150' Frontage on Dayton Blvd.

**Rite Aid lease expires August 2018**

Attachments & Media

Current Tenants

Tenant Business Name Former Rite Aid Pharmacy
Industry Type Retail Trade
Is Renting? Yes
Lease Expiration 8/2018

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 109I F 009
Zoning: C1
Property Visibility: Excellent
Largest Nearby Street: Ashland Terrace
Feet of Frontage: 150
Traffic/Vehicle Count: 22,870
Tenancy: Single Tenant
Year Built: 1969
Parking Description: Ample Parking
Lot Frontage: 150

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,961 43,865 94,400
Median Age: 39.13 38.68 39.98
Households: 4,009 19,624 40,481


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