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: 5/1/2019

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.

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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

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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

Contact

Photograph of Listing Agent

John Mitchum

RE/MAX Renaissance Realtors Greater Chattanooga REALTORS® Member
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