Chattanooga Strip Center For Sale
Shopping Center
for Sale
| Catylist Listing ID: |
30674081 |
| Property Subtypes: |
Strip Center
|
| Building Size (RSF): |
4,000 SF
|
| Gross Land Area: |
0.65 Acres
|
| Sale Price: |
$719,000 |
| Unit Price: |
$179.75 PSF |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/11/2021 |
Overview / Comments
Community Strip Center FOR SALE AND FOR LEASE in expanding East Brainerd / Ooltewah area (Chattanooga, Tennessee's fastest growing residential market). Excellent location along busy Standifer Gap Road at the intersection of Bill Reed Road. A short 5 minute drive to over 500+ new premium home-sites in the area in addition to upper household incomes and strong traffic counts as one of the main arteries to Ooltewah Ringgold Road and Apison Pike secures this valuable location as an ideal community center for years to come!
Currently under renovation; all units will be ready for tenant occupancy by January/February 2021. 4,000 SF of space broken up into 3 spaces: (2) 1,000 SF units and (1) 2,000 SF unit. New TPO roofing and insulation along with new HVAC units and all new renovated interiors.
Call agent, Chuck Davis, TODAY (423.645.3785) for additional info or to schedule a personal tour!
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Additional Details
| Nearest MSA: |
Chattanooga |
| County: |
Hamilton |
| Taxing Authority: |
Hamilton County |
| Tax ID/APN: |
149 027.02 |
| Zoning: |
C-2 |
| Retail Clientele: |
General, Business, Other |
| Property Located Between: |
Bill Reed Road and Autumn Chase Drive |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Bill Reed Road |
| Feet of Frontage: |
145 |
| Highway Access: |
Minutes to I75. |
| Airports: |
Chattanooga Metropolitan Airport |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
4,000 SF |
| Property Condition: |
Good |
| Year Built: |
1989 |
| Parking Type: |
Surface |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Zoning Description: |
C-2 |
| Lot Frontage: |
145 |
| Lot Depth: |
207 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Land Ownership: |
Owned |
| Legal Description: |
Lt 1 Edwards Sub On Standifer Gap R D Pb 45 Pg 35 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,361 |
40,893 |
87,069 |
| Median Age: |
42.12 |
39.38 |
39.28 |
| Households: |
1,846 |
15,408 |
34,667 |
|
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