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

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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

Contact

Photograph of Listing Agent

Jon B Hughes

Tower Property Group, LLC Greater Chattanooga REALTORS® Member
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