Catylist ID:
#30664857
| Catylist Listing ID: | 30664857 |
| Property Subtypes: | Day Care Facility, Free-Standing Building, Garden Center, Restaurant, Tavern/Bar/Nightclub, Vehicle Related, Other |
| Building Size (RSF): | 22,742 SF |
| Gross Building Area: | 221,720 SF |
| Gross Land Area: | 5.09 Acres |
| Sale Price: | $675,000 |
| Unit Price: | $29.68 PSF |
| Property Use Type: | Investment, Business |
| Building Name: | IGA Grocery Building |
| Usable Size (USF): | 22,742 SF |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 2/12/2021 |
Overview / Comments
|
Former IGA Grocery building for lease in Benton TN. 22,742 square feet on 5.09 acres. Great visibility on Highway 411. Perfect location for storage, vehicle related businesses, hardware, garden center, recreation and other retail related businesses. Currently the property has numerous coolers, grocery racks and deli areas that can be purchased. Two docks, offices, safe, retail counters. Located 15 miles from Cleveland and 47 miles from Chattanooga. |
Attachments & Media
Additional Details
| Nearest MSA: | Cleveland |
| County: | Polk |
| Taxing Authority: | Polk |
| Tax ID/APN: | 070045 02813 |
| Retail Clientele: | General, Family, Business, Traveler, Tourist, Recreation |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Highway 411 |
| Feet of Frontage: | 362 |
| Highway Access: | Highway 411 off 64 |
| Site Description: | Large parking area, with 362 feet of frontage on 411. |
| Area Description: | Benton is the county seat of Polk County. The town is situated just southeast of the confluence of the Ocoee River and the Hiwassee River, roughly 34 miles (55 km) upstream from the latter's mouth along the Chickamauga Lake impoundment of the Tennessee River. Benton is centered on the junction of U.S. Route 411, which connects the town to Etowah to the north and Tennga, Georgia to the south, and Tennessee State Route 314, which connects Benton to Parksville, Cherokee National Forest, and the Ocoee Dam area to the southeast. Benton is located approximately 20 miles (32 km) east of Interstate 75. |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Typical SF / Floor: | 22,742 SF |
| Property Condition: | Good |
| Year Built: | 1997 |
| Roof Type: | Flat |
| Parking Type: | Surface |
| Parking Description: | Large front and side parking lot. |
| Heat Type: | Electricity |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 1,846 | 2,857 | 4,433 |
| Median Age: | 38.93 | 39.17 | 40.31 |
| Households: | 710 | 1,101 | 1,728 |
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