Retail Property For Sale Brainerd Rd.

Shopping Center for Sale
Catylist Listing ID: 30369819
Property Subtypes: Strip Center
Building Size (RSF): 7,832 SF
Gross Building Area: See Agent
Sale Price: $599,000
Unit Price: $76.48 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 90
Last Updated: 1/23/2019

Overview / Comments

Located on Brainerd Rd this strip center which is comprised of 7 tenant suits totaling 7832 SF of retail space.
This retail strip center is an investment opportunity that is 100% tenant occupied and has a cap rate of 10%.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton
Tax ID/APN: 157K S 018
Retail Clientele: General
Property Located Between: Regions Bank
Feet of Frontage: 225
Airports: Lovell Field
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 7,832 SF
Property Condition: Good
Year Built: 1958
Roof Type: Flat
Construction/Siding: Brick/Aluminum Siding
Parking Type: Surface
Total Parking Spaces: 45
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Lot Frontage: 225
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lt 2 Terra Queen Extension Pb16 Pg6 5 Opener

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,253 66,982 159,597
Median Age: 35.57 38.88 37.45
Households: 2,612 28,951 66,265

Contact

Photograph of Listing Agent

Kimberly A Wolf

Keller Williams Realty Greater Chattanooga REALTORS® Member
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