151 Island Drive

Retail-Commercial for Sale
Catylist Listing ID: 30344303
Property Subtypes: Street Retail, Other
Building Size (RSF): 7,410 SF
Gross Building Area: See Agent
Sale Price: $1,000,000
Unit Price: $134.95 PSF
Property Use Type: Investment
Building Name: THE ISLAND
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/23/2020

Overview / Comments

ATTENTION INVESTORS!! This prime piece of property could be yours today!! 2/3 of this property hold escalating leases through 2028! There is also nearly 1,000 sq ft of unfinished space to build out and a billboard lease at a super busy intersection between Highway 27 and Highway 60! Over 900’ of highway visibility.

Additional Details

Nearest MSA: Dayton
County: Rhea
Tax ID/APN: 072096E A 01500
Property Located Between: Corner of Hwy 60 and hwy 27
Largest Nearby Street: Highway 27 and Hwy 60
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 7,410 SF
Property Condition: Good
Year Built: 2013
Construction/Siding: Block
Parking Type: Surface
Parking Description: 31-75
Heat Type: Natural Gas
Heat Source: Central
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 10,623 16,445
Median Age: 34.52 35.98
Households: 3,931 6,151


Photograph of Listing Agent

Teresa D Congioloso

Coldwell Banker Pryor Realty Greater Chattanooga REALTORS® Member
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