4821 Highway 58

Retail-Commercial for Lease
Lease Pending
Catylist Listing ID: 30180824
Property Subtypes: Free-Standing Building, Retail-Pad, Street Retail, Vehicle Related
Status: Pending
Contiguous Space: 2,800 SF
Building Size (RSF): 2,800 SF
Gross Land Area: 0.39 Acres
Lease Rate: $16.07 PSF (Annual)
Base Monthly Rent: $3,749
Lease Types: NNN
Last Updated: 8/13/2018

Overview / Comments

Formerly Highland Tire & Service. Has 4 drive-in bays, exterior lift and office area. Great for similar tire or car repair service store. Can be retrofitted for any retail or office use. Has great visibility on Hwy 58.

Expand All Available Space

Suite: 4821 2,800 SF $16.07 PSF (Annual) NNN
Status: Pending
Space Available: 2,800 SF
Lease Rate: $16.07 PSF (Annual)
$3,749 (Monthly)
Lease Type: NNN
Date Available: 11/17/2017
Lease Term: 60 Months
Space Type: Relet
Tax Expenses $2.88 PSF (Annual)
Operating Expenses $0.25 PSF (Annual)
Rent Escalators Step-Up Lease
Rent Escalators Description 3% annually

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 129B C 005
Zoning: COMMERCIAL
Retail Clientele: General
Property Located Between: Jersey Pike and Oakwood Dr.
Largest Nearby Street: Jersey Pike
Feet of Frontage: 165
Traffic/Vehicle Count: 26,219
Highway Access: Highway 58, north of Highway 153
Airports: Chattanooga Municipal Airport (Lovell Field) (2 miles away)
Site Description: Level lot
Area Description: Retail shopping centers, banking, storage units are nearby. Commercial, single family & residential multi-family in area. The area is experiencing new growth spawned by the presence and growth of the Volkswagen Assembly Plant. The plant, announced in 2008 and opened in 2011 with 2,000 employees, currently has over 3,000 employees and expects to hire 1,200 new employees for a VW SUV plant in the near future.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,800 SF
Property Condition: Good
Year Built: 1997
Construction/Siding: Block
Exterior Description: Split block.
Parking Type: Surface
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Ceiling Units
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Open area in work area. One office and reception area.
Zoning Description: Commercial
Lot Frontage: 165.79
Lot Depth: 167.45
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lt 3 Somo Business Center Pb 80 Pg 15

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,769 33,709 113,322
Median Age: 40.01 41.58 39.99
Households: 3,816 14,636 46,878

Contact

Photograph of Listing Agent

Tony H Brock

The Raines Group, Inc. Greater Chattanooga REALTORS® Member
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