Multi Tenant Investment Building on Hwy 153

Industrial for Sale
Catylist Listing ID: 30184883
Property Subtypes: Industrial-Business Park, Manufacturing, Warehouse/Distribution
Building Size (RSF): 36,250 SF
Sale Price: $2,500,000
Unit Price: $68.97 PSF
Property Use Type: Business
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 7/16/2018

Overview / Comments

Visibility, Convenience, Super Location Great 36,000 SF multi tenant building that is home to 3 national tenants, Fastenal, Motion Industries, and Pioneer Leveling. There is currently a 13,000 SF space that has a letter of intent with another national tenant. Leases are up for renewal and all tenants are doing very well and plan to renew as soon as the notification period begins.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033129P B 00107P000
Total Number of Buildings: 3
Typical SF / Floor: 38,850 SF

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,565 38,248 131,345
Median Age: 37.7 39.84 39.02
Households: 1,964 16,966 55,447


Photograph of Listing Agent

Joe M Pleva

KW Commercial Greater Chattanooga REALTORS® Member
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