Shopping Center next to Target

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30271532
Property Subtypes: Free-Standing Building, Mixed Use
Status: Pending/Contingent
Building Size (RSF): 18,504 SF
Gross Building Area: See Agent
Sale Price: $1,400,000
Unit Price: $75.66 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/20/2018

Overview / Comments

Corner property built in 1973. The building has 14 retail/office spaces and 18 apartments. All are short term tenants. Billboard land included (billboard owned by tenant (yearly renewals).

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County, TN
Tax ID/APN: 099L E 011
Zoning: COMMERCIAL
Retail Clientele: General
Property Located Between: Hwy 153 and Berean Ln. Hixson, TN
Largest Nearby Street: Chattanooga TN
Feet of Frontage: 150
Highway Access: Corner Property with direct access to Hwy 153.
Airports: Chattanooga
Area Description: Neighboring Target Shopping Center and minutes from Super Wal-Mart. Northgate mall is only a few miles away also.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1973
Exterior Description: Has the vintage 1970's appearance.
Zoning Description: Commercial with Multi-Family
Lot Frontage: 150
Lot Depth: 294
Water Service: Municipal
Sewer Type: Municipal
Easements Description: Has a set back in the front.
Legal Description: W H & George W Hamill Division N/R Pu1938 1840A 01B 05

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,889 38,241 90,457
Median Age: 38.23 41.24 40.45
Households: 3,364 16,867 38,612

Contact

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