Retail Center next to Walmart

Retail-Commercial for Sale
Catylist Listing ID: 30557748
Property Subtypes: Mixed Use, Restaurant, Street Retail, Other
Building Size (RSF): 40,200 SF
Gross Building Area: See Agent
Gross Land Area: 3.96 Acres
Sale Price: $2,900,000
Unit Price: $72.14 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 7.7%
Last Updated: 7/24/2021

Overview / Comments

Walmart Shadow Center.....Great Retail Center anchored by Goody's with several additional regional tenants also in buidling such as Workout Anytime, etc.. This is an excellent investment property located next Walmart with very high traffic counts on adjacent Highway 27. This is the place to be in Lafayette. Property is now 97% occupied. Property could be 10% CAP real quick! Call broker for more details on leases.

Attachments & Media

Additional Details

Nearest MSA: Chattanooga
County: Walker
Tax ID/APN: 10034 007
Zoning: B2
Property Located Between: Next to Walmart
Road Type: Paved, Highway
Property Visibility: Good
Largest Nearby Street: Highway 27
Transportation: Highway
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2006

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,107 17,076
Median Age: 38.61 39.12
Households: 2,436 6,342

Contact

Photograph of Listing Agent

Rusty Hall

RH Real Estate, LLC Greater Chattanooga REALTORS® Member
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