Formerly Fred's Dollar Store

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 28262889
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use
Status: Pending
Building Size (RSF): 7,548 SF
Gross Land Area: 0.32 Acres
Sale Price: $335,000
Unit Price: $44.38 PSF
Property Use Type: Investment, Business
Building Name: Pawn Shop
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 4/13/2018

Overview / Comments

Retail store in good condition with excellent off street parking. The parking lot was re-paved in 1995. Rent on pawn shop is $3,150 per month. All utilities are responsibility of tenant. The rent goes up 5% next year. The lease runs through 3/25/2018. The new roof has a full 30 year warranty (parts & labor). The lease is with a strong national chain.

Financials

Finance Data Year 2014
Potential Rental Income $0 (Annual)
Net Operating Income $0 (Annual)
Gross Operating Income $0 (Annual)
Down Payment $0
Finance Data Year 2013
Potential Rental Income $0 (Annual)
Net Operating Income $0 (Annual)
Gross Operating Income $0 (Annual)
Down Payment $0
Finance Data Year 2012
Potential Rental Income $0 (Annual)
Net Operating Income $0 (Annual)
Gross Operating Income $0 (Annual)

Additional Details

Nearest MSA: Chattanooga
County: Sequatchie
Tax ID/APN: 048E F 019.00
Zoning: COMMERCIAL
Market Type: Medium
Retail Clientele: General, Family, Business, Traveler
Property Located Between: Hwy 111 & Hwy 28
Road Type: Paved, Highway
Property Visibility: Excellent
Feet of Frontage: 99
Transportation: Highway
Highway Access: U S Hwy 127
Site Description: Level with paved parking and good visibility.
Area Description: Located in the heart of Dunlap, next to City Hall with generous off street parking, a high traffic & high visibility area.
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1961
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Rectangular design, continuous Footing, slab on grade, concrete block
Parking Type: Surface
Parking Description: Off Street. Paved Parking
Zoning Description: Commercial
Lot Frontage: 99
Lot Depth: 145
Legal Description: Tax Map 048E F 019.00

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 906 4,834 9,388
Median Age: 39.21 38.22 39.13
Households: 371 1,831 3,621

Contact

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