11,520 SF. Industrial Flex Building - Lee Hwy & Hwy. 153 Area

Industrial for Sale
Catylist Listing ID: 30677525
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Manufacturing, Light Industrial, Office Showroom, Warehouse/Distribution
Building Size (RSF): 11,520 SF
Gross Land Area: 0.54 Acres
Sale Price: $695,000
Unit Price: $60.33 PSF
Docks/Doors: 3 Docks, 3 Doors
Office SF: 1,000 SF
Drive In Bays: 1 Bay
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/4/2021

Overview / Comments

Approx. 11,520 SF Free Standing Industrial Building. Perfect for Manufacturing or Light Industrial. Building has Drive In door with a Ramp and 3 Truck High Dock Doors. Approx. 1,000 SF of Office Area. Building has 240 Volt 3-Phase Power.

Building is for Sale or For Lease. Sale Price is $695,000. Base Rent is $4,800/mo. NNN. ($5.00/SF NNN). In addition to the Base Rent the Real Estate Taxes are approx. .$0.61/SF annually and the Building Insurance is approx. $0.12/SF annually. Tenant is responsible for Interior and Exterior Building Maintenance and also for the Landscape Maintenance.

Call Listing Agent, to schedule appointments to see or show the property. Listing information is provided by owner / landlord and public sources and is deemed reliable but not guaranteed. Listing agent has not measured the space / building and does not guarantee the accuracy of the number of square feet or acreage.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 033148J D 01501
Zoning: M-1
Highway Access: Hwy 153 and I-75
Airports: Chattanooga Airport
Site Description: Located on Airways Blvd. near the Chattanooga Airport.
Area Description: Just off Hwy. 153 and Lee Hwy. Exit.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Fair
Year Built: 1976
Roof Type: Gable
Construction/Siding: Metal Siding
Parking Type: Surface
Total Parking Spaces: 5
Sprinklers: None
Volts: 240
X-Phase: 3-Phase
Heat Type: Natural Gas
Heat Source: Ceiling Units
Lighting: LED
Internet Access: Gigabit
Zoning Description: M-1 Industrial
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,917 55,677 149,421
Median Age: 34.57 39.61 39.01
Households: 2,778 25,038 62,065

Contact

Photograph of Listing Agent

Russell P Elliott

Pointe Commercial Real Estate Greater Chattanooga REALTORS® Member
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