Shopping Center near Northshore

Shopping Center for Sale
Catylist Listing ID: 30408702
Property Subtypes: Strip Center
Building Size (RSF): 52,365 SF
Gross Building Area: See Agent
Gross Land Area: 6.81 Acres
Sale Price: $3,200,000
Unit Price: $61.11 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Building Name: Shopping Center
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/12/2019

Overview / Comments

The Shopping Center is ready for the next owner to remodel or redevelop. Site plan shown gives you an idea of what’s possible.

Built in 2003 O’Reilly’s is a free standing building at the corner of the property (6300sf building size). Approximately 32,000 square feet of land as shown on Exhibit=A" attached hereto (having approximately 200 feet of frontage on Dayton Boulevard and 160 feet of frontage on Sweetland Drive).

Built in 1974 Save-A-Lot space is 26165sf with 14ft ceilings and 2 loading docks. Currently occupied but tenant has plans to relocate.

Built in 1975 the strip center has 2 short term tenants 19200sf total space. Gas heat.

This Shopping Center is located in the emerging retail corridor linking Northshore to Hixson and drawing from the Signal Mountain population. Housing sales within the city of Red Bank. Excellent access and visibility to Dayton Blvd and less than a mile from I-27.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton
Tax ID/APN: 126C G 001
Zoning: COMMERCIAL
Retail Clientele: Business
Property Located Between: Dayton Blvd, Sweetland Dr and W. Ridgewood Ave.
Property Visibility: Good
Largest Nearby Street: Dayton Blvd
Feet of Frontage: 876
Traffic/Vehicle Count: 20,000
Highway Access: On minutes from Hwy 27 and Interstate 24.
Airports: Chattanooga
Site Description: Shopping Center with several spaces ready for remodel or development.
Area Description: Growth area only minutes to Northshore. High volume of single family homes and new/remodeled apartments.
Total Number of Buildings: 3
Number of Stories: 1
Property Condition: Good
Year Built: 1974
Construction/Siding: Block
Parking Description: Paved
Sprinklers: Wet
Internet Access: Cable, Fiber Optic
Zoning Description: Commercial total of 318505.13sf of land.
Lot Frontage: 876
Lot Depth: 396
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Pt Lts 55 & 56 Smartt Edmondson & C Oker N/R

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,100 47,541 108,290
Median Age: 33.07 38.22 37.88
Households: 3,830 21,087 45,274

Contact

Photograph of Listing Agent

Cliff Butler

RE/MAX Real Estate Center Greater Chattanooga REALTORS® Member
© Copyright 2001-2019 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Greater Chattanooga REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.