Ooltewah- Income producing Flex Space For Sale or Lease

Industrial for Sale
Also listed as Office
Catylist Listing ID: 30459200
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Mixed Use, Light Industrial, Research & Development, Warehouse/Distribution
Building Size (RSF): 16,798 SF
Gross Building Area: See Agent
Sale Price: $699,000
Unit Price: $41.61 PSF
Docks/Doors: 1 Dock
Office SF: 8,268 SF
Drive In Bays: 1 Bay
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/17/2020

Overview / Comments

Office/Warehouse Located less than 5mins to I-75 Ooltewah Exit 11 and close to Cleveland TN. Multi tenants currently lease the warehouse space as well as some office space making this an income producing property. The 1st Floor office space is AVAILABLE immediately which includes approximately 2000sq feet of office space, conference room, kitchen, 2 restrooms, as well as a customer entrance/reception desk area. Owner will consider Sale/Leaseback.

Additional Details

Nearest MSA: Cleveland
County: Bradley
Tax ID/APN: 033133 00401
Zoning: M-1
Property Located Between: Ooltewah and Cleveland
Highway Access: 3.24 miles northeast of I-75 Exit 11
Airports: Chattanooga
Site Description: The building is located along side several large acreage tracts that are also for sale.
Area Description: The subject property is located approximately 3.24 miles north east of I 75 in the Collegedale area of Hamilton County which has been in the process of significant growth and development within the last several years. The immediately surrounding area features convenience stores, Walmart super-center, hotels, restaurants, and increasing residential applications.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 4,000 SF
Property Condition: Good
Year Built: 1986
Construction/Siding: Metal Siding
Exterior Description: Metal building with masonry accents
Parking Type: Surface
Parking Description: Paved open surface parking
Heat Type: Electricity
Heat Source: Central
Internet Access: Fiber Optic
Zoning Description: Zoned M-1
Lot Frontage: 332 feet road frontage on Lee Hwy
Water Service: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 10,937 37,218
Median Age: 42.38 38.98
Households: 4,247 13,294


Photograph of Listing Agent

Shaleigh Cronan

Southern Built Realty llc Greater Chattanooga REALTORS® Member
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