Catylist ID: #30168066
Commercial Center - Ringgold GA
Shopping Center for Sale
|Catylist Listing ID:||30168066|
|Property Subtypes:||Strip Center|
|Building Size (RSF):||6,000 SF|
|Gross Land Area:||0.73 Acres|
|Unit Price:||$158.33 PSF|
|Property Use Type:||Net Leased Investment (NNN), Vacant/Owner-User, Business|
|Usable Size (USF):||6,000 SF|
|Sale Terms:||Cash to Seller|
|Average Occupancy Rate:||100|
Overview / Comments
This Strip Center is part of the overall growth of north Georgia and an example of the resurgence of Ringgold GA. Owing to recent construction with contemporary design / materials, this center is one of the more distinctive properties in the downtown Ringgold Business District. Located on a busy 4-Way Lighted Intersection with excellent visibility, this center definitely 'pops'. Offered here in this listing are a variety of types of ownership / investment / business.
1. Business - Seller currently owns and operates the Coin-Op Laundry located within approx. 2000 sq ft of the center. The purchase will include the 'Ringgold Coin Laundry' business, equipment and space currently occupied.
2. Investment - Current Tenants:
a. Cellular Sales Tenant occupies approx. 3000 sq ft. Occupancy since 2014; now under 2 year extension with a 2 yr option remaining.
b. Office Tenant occupies approx. 1,000 sq ft under a MTM agreement (close relation of the Seller). Office Tenant would sign lease with reasonable terms to new owner, if desired.
3. Owner Occupant - Respecting the Cellular Sales leasehold, Buyer may choose to pursue other uses in the balance of the center, install their own business interests, assume and operate the current business or a combination of both.
Additional information is available to qualified interests with serious inquiry.
Attachments & Media
|Taxing Authority:||Catoosa County, City of Ringgold|
|Property Located Between:||I-75 and Ringgold High/Middle School|
|Largest Nearby Street:||Fontage on HWY 76, 1 mile to I-75|
|Highway Access:||Hwy 76, 1 mile to I-75 "Ringgold" Exit 374|
|Site Description:||Corner Commercial Lot, Lighted Interchange. Level. Some Portion of the Lot may be affected by 100 yr flood zone. Building FFE is one foot above Base Flood Elevation.|
|Area Description:||Downtown Ringgold GA|
|Total Number of Buildings:||1|
|Number of Stories:||1|
|Typical SF / Floor:||6,000 SF|
|Parking Ratio:||5.3 (per 1000 SF)|
|Parking Description:||Common Parking; Grade Level with Building Entrance, 32 spaces.|
|Total Parking Spaces:||32|
|Zoning Description:||City of Ringgold GA C1 Neighborhood Commercial|
|In Flood Plain?:||Yes|
|Proximity:||1 mile||3 miles||5 miles|
John MitchumRE/MAX Renaissance Realtors Greater Chattanooga REALTORS® Member
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