Catylist ID: #30396237
Athens, TN Retail/ Office Building For Sale
Shopping Center for Sale
|Catylist Listing ID:||30396237|
|Property Subtypes:||Strip Center|
|Building Size (RSF):||10,000 SF|
|Gross Building Area:||See Agent|
|Unit Price:||$80 PSF|
|Property Use Type:||Investment|
|Sale Terms:||Cash to Seller|
Overview / Comments
Well positioned office & retail strip center along Congress Parkway in Athens, TN with long term, credit tenants.
Current tenants include Benchmark Physical Therapy, Lytle Loans, Covington Credit, Happy Nails, and King Audiology. Property includes a billboard contract with Lamar Advertising.
There is approximately 10,000 sf of rentable warehouse space under the building with access along East Avenue.
Current cap rate with vacancies is 9.17%. Will be over 11% when fully occupied.
|Tax ID/APN:||054047E B 01600|
|Retail Clientele:||General, Family, Business|
|Feet of Frontage:||300|
|Highway Access:||Congress Parkway is also US Hwy 11|
|Total Number of Buildings:||1|
|Number of Stories:||2|
|Typical SF / Floor:||10,800 SF|
|Lot Frontage:||300 feet|
|Proximity:||1 mile||3 miles||5 miles|
Cullon HooksJanus Commercial, LLC Greater Chattanooga REALTORS® Member
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