For Sale: Retail/Office Build To Suit -Up to 3,800 SF
Retail-Commercial
for Sale
| Catylist Listing ID: |
30542890 |
| Property Subtypes: |
Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Vehicle Related
|
| Building Status: |
Proposed |
| Building Size (RSF): |
3,800 SF
|
| Gross Building Area: |
3,744 SF |
| Gross Land Area: |
0.41 SF
|
| Sale Price: |
$525,000 |
| Unit Price: |
$138.16 PSF |
| Ceiling: |
10 ft. |
| Property Use Type: |
Investment, Vacant/Owner-User, Business |
| Building Name: |
Build to Suit |
| Usable Size (USF): |
3,800 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/6/2020 |
Overview / Comments
Site for sale or new retail or office space for lease and build to suit. Just north of Northgate Mall and near Earth Fare on a corner location at Hixson Pike and Skillern Road. Could be 3 small suites or 1 or 2 larger suites or 1 suite of 3,800 SF. See the architectural renderings and drawings shown here. One side of the building can have a drive thru window. See site plan.
There are 17 parking spaces in the current site plan so parking is somewhat limited for each new tenant.
The demographics are strong for this location. They include in the a 10-minute drive-time radius: population of 46,000, 20,000 households with an average household income of $83,000. There are also over 30,000 cars per day driving by this location.
|
Additional Details
| Nearest MSA: |
Chattanooga |
| County: |
Hamilton |
| Taxing Authority: |
Hamilton County/ Chattanooga City |
| Tax ID/APN: |
100O D 00100 |
| Zoning: |
C-2 |
| Retail Clientele: |
General, Family, Traveler, Tourist, Recreation |
| Property Located Between: |
Hixson Pike at Skillern Drive |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Hixson Pike |
| Feet of Frontage: |
102 |
| Traffic/Vehicle Count: |
30,029 |
| Highway Access: |
Hwy 153 via Hixson Pike |
| Airports: |
Chattanooga Metropolitan |
| Site Description: |
The site is level and at street grade. There will be two curb cuts. One on the front and one on the Skillern Drive (side street). |
| Area Description: |
The Hixson area is a submarket of the Chattanooga MSA. Teh area is centered around the intersection of Hixson Pike and Hwy 153 near where the Northgate Mall is located. Please see demographics report for the full details for the 10-minute drive time report but the average household income is $83,000 and the population density is 45,000 with a growth factor about 1 percent. |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
1,248 SF |
| Property Condition: |
Excellent |
| Year Built: |
2020 |
| Year Renovated: |
2020 |
| Exterior Description: |
See renderings and drawings. |
| Total Parking Spaces: |
17 |
| Parking Type: |
Surface |
| Parking Description: |
Parking lot will be paved and striped. See site plan. |
| Sprinklers: |
None |
| Interior Description: |
Site for sale or build to suit. |
| Zoning Description: |
C-2
Commercial intended for retail, consumer service, financial, restaurant and office uses. |
| Lot Frontage: |
102.30 |
| Lot Depth: |
170 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Land Ownership: |
Owned |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,744 |
37,973 |
89,945 |
| Median Age: |
40.71 |
42.27 |
40.53 |
| Households: |
1,707 |
16,234 |
38,552 |
|
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