1,786 SF Retail/Commercial Space on East Brainerd
Retail-Commercial
for Sale
Sale Pending
| Catylist Listing ID: |
30800609 |
| Property Subtypes: |
Convenience Store, Free-Standing Building, Restaurant, Street Retail, Other
|
| Status: |
Pending |
| Building Size (RSF): |
1,786 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.68 Acres
|
| Sale Price: |
$775,000 |
| Unit Price: |
$433.93 PSF |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/12/2022 |
Overview / Comments
|
This is a stellar location for your business or investment. The building consists of two units. The larger unit has 1,534 SF of space and is currently being used as a sandwich shop. The smaller space is 252 SF and would make a perfect location for a single tenant needing a small footprint. Or the two units could be combined for a larger square footage need. The traffic counts reach well over 40,000 vehicles daily. The property has a large parking lot and two ingress/egress points.
|
Additional Details
| Nearest MSA: |
Chattanooga |
| County: |
Hamilton |
| Tax ID/APN: |
033158F F 00200P000 |
| Zoning: |
C-2 |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist, Other |
| Property Located Between: |
Interstate 75 and Gunbarrel Road |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
East Brainerd Road |
| Feet of Frontage: |
170 |
| Traffic/Vehicle Count: |
42,000 |
| Highway Access: |
The property is next door to Interstate 75 and less than a quarter of a mile from Gunbarrel Road. |
| Airports: |
Chattanooga Airport |
| Site Description: |
The building sits on 0.68 acres with a large paved parking lot. It has 170 feet of road frontage on the very busy East Brainerd corridor. The roof was resurfaced in 2021. |
| Area Description: |
The surrounding area is a mixture of businesses, fast food restaurants, single family homes and apartment/townhome/condo applications. Less than three miles to Hamilton Place mall and all the out-shopping centers. |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
2 |
| Number of Stories: |
1 |
| Property Condition: |
Good |
| Year Built: |
1967 |
| Year Renovated: |
2015 |
| Construction/Siding: |
Block |
| Total Parking Spaces: |
25 |
| Parking Type: |
Surface |
| Parking Description: |
Large paved parking lot with over 25 spaces. |
| Lot Frontage: |
107 |
| Lot Depth: |
171 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,835 |
51,304 |
134,531 |
| Median Age: |
38.3 |
39.88 |
39.41 |
| Households: |
3,221 |
22,343 |
55,775 |
|
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