Highway 58 Strip Center For Sale

Shopping Center for Sale
Sale Pending
Catylist Listing ID: 30401223
Property Subtypes: Strip Center
Status: Pending
Building Size (RSF): 12,500 SF
Gross Building Area: See Agent
Gross Land Area: 1.80 Acres
Sale Price: $1,100,000
Unit Price: $88 PSF
Property Use Type: Investment
Building Name: Highway 58 Strip Center For Sale
Sale Terms: Cash to Seller
Average Occupancy Rate: 100
Last Updated: 4/9/2019

Overview / Comments

Well established retail strip center for sale. Located at 4830 Highway 58, Chattanooga, TN 37416.
Built by the seller in the mid 1980's and very well maintained.
For the most part this center stays full with little vacancy. Current full rental is $120,000 gross with expenses approximately $29,167.28.
Landlord provides water.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033129B F 00704
Zoning: C-2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,769 29,573 113,322
Median Age: 40.01 41.81 39.99
Households: 3,816 12,847 46,878


Photograph of Listing Agent

Lee T Harper

Hudson Commercial, LLC Greater Chattanooga REALTORS® Member
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