Catylist ID: #30317326
Soddy Daisy Plaza
Retail-Commercial for Sale
|Catylist Listing ID:||30317326|
|Property Subtypes:||Street Retail, Other|
|Building Size (RSF):||55,424 SF|
|Gross Land Area:||5.14 Acres|
|Unit Price:||$81.19 PSF|
|Property Use Type:||Net Leased Investment (NNN)|
|Building Name:||Soddy Daisy Plaza|
|Sale Terms:||Cash to Seller|
|Average Occupancy Rate:||100|
Overview / Comments
A Neighborhood Shopping Center and Anchored by Food City with a Fuel Center. Property is 100% Leased. Sales Price of $4,500,000 is a CAP Rate of 8.54%.
NOTE: This property may be purchased together with Food City Plaza South located in Cleveland, TN (Sales Price of $4,200,000) at a combined sales price of $8,700,000 and a combined CAP Rate of 8.2%.
Traffic Count: 28,698 cars per day at Dayton Pike (Highway 27) and Sequoya Access Road.
Located at the intersection of Dayton Pike and Sequoyah Access Road to Highway 27 (Corridor "J").
Directions: – From I-75 South. Use the right 2 lanes to take exit 4 for TN-153 N toward Chickamauga Dam Airport. Continue onto TN-153 N. Turn right to merge onto US-27 N toward TN-111. Take the Sequoyah Rd exit toward Soddy Daisy. Turn right onto Sequoyah Rd. Turn right. Destination will be on the left.
Attachments & Media
|Taxing Authority:||Hamilton County|
|Tax ID/APN:||057 045|
|Property Located Between:||Dayton Pike and Sequoyah Access Road to Highway 27 (Corridor "J")|
|Largest Nearby Street:||Highway 27|
|Highway Access:||State US Highway 27|
|Site Description:||Level site at key intersection of Dayton Pike & Sequoyah Access Road.|
|Area Description:||Located in the fast growing community of Soddy Daisy, TN, a suburb of Chattanooga, Tennessee. Located within 1/4 mile of State Hwy 27 and Sequoyah Access Road.|
|Total Number of Buildings:||1|
|Number of Stories:||1|
|Heat Type:||Natural Gas|
|Heat Source:||Ceiling Units|
|Air Conditioning:||Package Unit|
|Legal Description:||LT 1 SODDY-DAISY PLAZA REV 35-369 REV 53-323|
|Proximity:||1 mile||3 miles||5 miles|
William B Raines Jr.The Raines Group, Inc. Greater Chattanooga REALTORS® Member
Tony H BrockThe Raines Group, Inc. Greater Chattanooga REALTORS® Member
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