Medical, Office or Retail + INCOME | 7425 Commons Blvd
Retail-Commercial
for Sale
| Catylist Listing ID: |
30798639 |
| Property Subtypes: |
Free-Standing Building, Restaurant, Other
|
| Building Size (RSF): |
12,500 SF
|
| Gross Building Area: |
12,844 SF |
| Gross Land Area: |
1.63 Acres
|
| Sale Price: |
$3,750,000 |
| Unit Price: |
$300 PSF |
| Property Use Type: |
Net Leased Investment (NNN), Investment, Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/25/2022 |
Overview / Comments
Perfect building for an End-User seeking ownership with income. The Commons Blvd area leads to retail, banking, medical, gyms,
and multi-family. Tenants (especially destination type businesses) tend to prefer Commons Blvd over busier trade areas. Commons Blvd allows consumers the opportunity to avoid thicker traffic patterns without the tenant losing a strong location near heavy retail. Current tenants - Sport Clips and Henri's Jewelry.
Listing information is provided by Owner and public sources and is deemed reliable but not guaranteed. Listing agent has not measured the space / building and does not guarantee the accuracy of the number of square feet or acreage. All Showings are strictly by appointment only. Contact the Listing Agent to schedule any showings. The information contained herein was obtained from sources we consider reliable; however, we cannot be responsible for errors, omissions, prior sales, withdrawals from the market, or change in price. No representation or warranty as to the environmental or physical condition of the property and/or equipment is made, and purchaser’s independent investigation and due diligence is strongly recommended.
|
Additional Details
| Nearest MSA: |
Chattanooga |
| County: |
Hamilton |
| Tax ID/APN: |
033149H F 00109 |
| Zoning: |
C2 |
| Retail Clientele: |
General, Business, Other |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Gunbarrel Road |
| Area Description: |
Heavy retail, medical, banking and restaurants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Parking Type: |
Surface |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
7,648 |
50,918 |
105,848 |
| Median Age: |
41.32 |
40.24 |
39.59 |
| Households: |
3,736 |
21,522 |
43,008 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Greater Chattanooga REALTORS® nor
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