Sale Leaseback on Office/Retail Building with Parking
Office
for Sale
Catylist Listing ID: |
30632748 |
Property Subtypes: |
Medical, Office Building
|
Building Size (RSF): |
4,908 SF
|
Gross Building Area: |
See Agent |
Sale Price: |
$1,100,000 |
Unit Price: |
$224.12 PSF |
Property Use Type: |
Vacant/Owner-User |
Class of Space: |
Class A |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
2/16/2021 |
Overview / Comments
Motivated seller for this great office &/or retail property on Main St. This location is convenient to everything throughout Chattanooga. The concrete block building has only one load-bearing wall simplifying interior modifications. There are 10 parking spaces in front and an additional 10 can be accommodated at the back of the building. Currently, the property is home to a successful veterinary clinic and will continue to be until a new facility is built. Seller seeks a sale with leaseback for a period of two years.
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Additional Details
Nearest MSA: |
Chattanooga |
County: |
Hamilton |
Tax ID/APN: |
146P G 004 |
Zoning: |
M-1 |
Property Visibility: |
Excellent |
Highway Access: |
Quick access to Hwy 24 |
Site Description: |
Level lot. |
Area Description: |
Area is a mix of commercial and housing options. |
Total Number of Buildings: |
1 |
Roof Type: |
Flat |
Construction/Siding: |
Block |
Exterior Description: |
Concrete block |
Parking Type: |
Surface |
Sprinklers: |
None |
Heat Type: |
Electricity |
Heat Source: |
Central |
Air Conditioning: |
Package Unit |
Internet Access: |
Gigabit |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
10,555 |
73,070 |
141,838 |
Median Age: |
26.99 |
34.84 |
36.9 |
Households: |
3,100 |
29,410 |
58,712 |
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