9 Cap Single Tenant Investment
Industrial
for Sale
Sale Pending
| Catylist Listing ID: |
30705416 |
| Property Subtypes: |
Flex Space, Free-Standing, Industrial-Business Park, Light Industrial, Warehouse/Distribution
|
| Status: |
Pending |
| Building Size (RSF): |
6,600 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.43 Acres
|
| Sale Price: |
$495,000 |
| Unit Price: |
$75 PSF |
| Ceiling: |
20 ft. |
| Office SF: |
2,200 SF |
| Drive In Bays: |
4 Bays |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
2/14/2021 |
Overview / Comments
Located in Soddy Daisy's industrial park just a mile from Hwy 27, this fully leased 6,600 SF building is divided into three sections: 2,200sf Office, 2,200sf Warehouse and 2,200sf Storage/Warehouse. The office section has four offices, a receptionist space, lobby, kitchenette and bathrooms. The warehouse and storage areas have a mezzanine, four roll up doors (two in the front and two in the rear), 8x10 cubicles for storage and bathroom. Built in 1995, this building has been well maintained and the entire space is heated and cooled.
Landlord pays the taxes and insurance. Long term tenant.
|
Additional Details
| Nearest MSA: |
Chattanooga |
| County: |
Hamilton |
| Tax ID/APN: |
033073 11122 |
| Zoning: |
COMMERCIAL |
| Property Located Between: |
Dayton Pike and Consolidated Drive |
| Highway Access: |
Quick access to Hwy 27 |
| Airports: |
Chattanooga Airport |
| Site Description: |
The building sits on .48 acres and is on a cul-de-sac in the industrial park. |
| Area Description: |
The building is located in Soddy Daisy's industrial park. |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
6,600 SF |
| Property Condition: |
Good |
| Year Built: |
1995 |
| Construction/Siding: |
Metal Siding |
| Parking Type: |
Surface |
| Total Parking Spaces: |
15 |
| Air Conditioning: |
Package Unit |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,413 |
14,696 |
45,084 |
| Median Age: |
39.17 |
41.41 |
41.55 |
| Households: |
651 |
5,812 |
17,762 |
|
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