Superior Building For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30356209
Property Subtypes: Free-Standing Building
Building Size (RSF): 10,443 SF
Gross Building Area: See Agent
Gross Land Area: 0.83 Acres
Sale Price: $1,450,000
Unit Price: $138.85 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: 7.0%
Average Occupancy Rate: 100
Last Updated: 2/11/2019

Overview / Comments

Building is in superior condition and is fully leased. Can be used for retail frontage. Excellent location for distribution. Within one minute driving time of Hwy 153. Existing bay with loading dock. See photos.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033129P B 00103P000
Zoning: M1
Retail Clientele: Business
Property Located Between: Hwy 153 and Bonny Oaks Dr.
Property Visibility: Excellent
Largest Nearby Street: Hwy 153
Highway Access: Hwy 153
Airports: Chattanooga Metro
Site Description: Level and Paved
Area Description: Retail and Industrial. Excellent location for retail frontage and distribution business.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 10,443 SF
Property Condition: Excellent
Roof Type: Flat
Total Parking Spaces: 18
Parking Type: Surface
Sprinklers: Wet
Water Service: Municipal
Legal Description: Lt 3 Airpark Business Center At Bonny Oaks Pb 63 Pg 199 Rev 81-96 Rev 82-152

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,565 39,013 131,345
Median Age: 37.7 39.95 39.02
Households: 1,964 17,284 55,447

Contact

Photograph of Listing Agent

Stephen Abercrombie

Crye-Leike, REALTORS Greater Chattanooga REALTORS® Member
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