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
|
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 |
|
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