Warehouse Next To Montague Park

Industrial for Sale
Sale Pending
Catylist Listing ID: 30383245
Property Subtypes: Free-Standing
Status: Pending
Building Size (RSF): 26,240 SF
Gross Building Area: See Agent
Gross Land Area: 1.74 Acres
Sale Price: $890,000
Unit Price: $33.92 PSF
Drive In Bays: 6 Bays
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 12/27/2021

Overview / Comments

Industrial property is convenient to highways and all areas of town. The level lot is paved with plenty of parking and easy ingress/egress. A 25,340SF warehouse also has 900SF of office space. Property is partially in the 100-year floodway.
Existing tenant's lease expires August 2020 and there are two 1-year options to renew.
*Property being sold as is.
**Building specifications and measurements to be verified by the buyer.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 156A D 011
Zoning: M-1
Property Condition: Fair
Year Built: 1972
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,285 67,634 139,057
Median Age: 28.85 34.88 36.83
Households: 3,223 26,932 57,233


Photograph of Listing Agent

Jelena Butler

Better Homes and Gardens Real Greater Chattanooga REALTORS® Member
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