Income Property, Etowah TN, Dollar Gen

Retail-Commercial for Sale
Catylist Listing ID: 30363867
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 8,000 SF
Gross Building Area: 8,300 SF
Gross Land Area: 0.92 Acres
Sale Price: $640,000
Unit Price: $80 PSF
Property Use Type: Net Leased Investment (NNN)
Building Name: Dollar General Etowah TN
Usable Size (USF): 8,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/12/2020

Overview / Comments

Income Producing Property in Etowah TN. Dollar General tenant. 8000 Sq Ft. Near intersection of HWY 411 (Tennessee Ave) and HWY 310 (Mecca Pike).Package Purchase with Seller's other DG in Ooltewah TN (Listing #30363008). Combined Sale priced at $1,465,000 (6.25% CAP Rate).

Additional Details

Nearest MSA: Athens
County: McMinn
Taxing Authority: McMinn County, City of Etowah TN
Tax ID/APN: 118B C 070.00
Zoning: COMMERCIAL
Retail Clientele: General, Family
Property Located Between: HWY 411 and HWY 310
Largest Nearby Street: HWY 411 (Tennessee Ave)
Feet of Frontage: 150
Highway Access: HWY 411 and HWY 310
Site Description: Level, regularly shaped. 150 Frontage. 270 depth.
Area Description: Hwy 411 is the main north/south thoroughfare through the city of Etowah. This site is in the 'heart' of the commercial district near the interchange with HWY 310, the major east/west artery. Surrounding uses include restaurant, retail, library, regional history museum, churches and single family residential.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 8,300 SF
Property Condition: Good
Year Built: 1998
Construction/Siding: Metal Siding
Total Parking Spaces: 30
Parking Type: Surface
Lot Frontage: 150
Lot Depth: 270
Water Service: Municipal
Land Ownership: fee
Legal Description: Mcminn County TAX ID 118B C 070.00

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 665 8,184 10,772
Median Age: 41.91 44.09 43.8
Households: 288 3,349 4,327

Contact

Photograph of Listing Agent

John Mitchum

RE/MAX Renaissance Realtors Greater Chattanooga REALTORS® Member
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