East Ridge TN, Ground Lease
Vacant Land
for Lease
| Catylist Listing ID: |
30362249 |
| Property Subtypes: |
Hospitality, Retail
|
| Gross Land Area: |
1.22 Acres
|
| Lease Rate: |
$1.75 - 2.33 PSF (Annual)
|
| Base Monthly Rent: |
$7,750 - 10,318 |
| Lease Types: |
See Agent |
| Last Updated: |
11/11/2020 |
Overview / Comments
|
Land Lease for 1.22 acre commercial pad with frontage on Ringgold Rd, East Ridge TN. Parcel is zoned C-1 Commercial, cleared, level, street / curbed at a lighted interchange on the I-75 Exit 1 Interchange. Recent improvements to Exit 1 have increased traffic capacity. Approx 30,000 VPD on Ringgold Rd and Approx 100,000 VPD on I-75. Parcel is in front of newly refurbished Quality Inn. Other area uses include new Bass Pro and shadow development, Hotels (La Quinta, Quality, Holiday Inn Express, Days Inn, Best Western), Retail, Medical and regional Recreational / Sports Complex Camp Jordan. Landlord seeks 'sit-down' restaurant operator. Lease Rate dependent on length of lease term. 20 yr Min.
|
Additional Details
| Nearest MSA: |
Chattanooga |
| County: |
Hamilton |
| Taxing Authority: |
Hamilton County, City of East Ridge |
| Tax ID/APN: |
170I C 002 |
| Zoning: |
C-1 (TOURISM COMMERCIAL DISTRICT) |
| Property Located Between: |
I-75 Exit 1 |
| Property Visibility: |
Excellent |
| Legal Description: |
Lot 1 Darsh Trace at Ringgold Rd Pb 105 Pg 126 |
| Largest Nearby Street: |
Ringgold Rd, State HWY 41 |
| Traffic/Vehicle Count: |
29,000 |
| Highway Access: |
I-75 Exit 1 |
| Airports: |
Chattanooga Municipal |
| Site Description: |
Platted Lot, Level, Cleared, Pad Site |
| Area Description: |
Commercial District with new construction ongoing. Recent installations include Bass Pro, Chick-Fil-A |
| Lot Frontage: |
IRR |
| Lot Depth: |
IRR |
| Zoning Description: |
C-1 Tourism Commercial District |
| Topography: |
Level |
| Easements: |
Electric Lines, Ingress/Egress, Utilities |
| Easements Description: |
Access Easements |
| Available Utilities: |
Electric, Water, Gas, Sewer, Storm Drain, Cable, Internet Access |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
7,503 |
60,182 |
149,227 |
| Median Age: |
40.83 |
38.84 |
38.88 |
| Households: |
3,260 |
26,272 |
61,722 |
|
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