Investment Opportunity - Price Reduced

Industrial for Sale
Sale Pending
Catylist Listing ID: 30282585
Property Subtypes: Light Industrial, Truck Terminal, Warehouse/Distribution
Status: Pending
Building Size (RSF): 21,000 SF
Gross Land Area: 3.26 Acres
Sale Price: $1,800,000
Unit Price: $85.71 PSF
Office SF: 3,704 SF
Drive In Bays: 20 Bays
Property Use Type: Investment
Building Name: Clarke Power Services Inc
Sale Terms: Cash to Seller
Cap Rate: 8.3%
Last Updated: 11/12/2018

Overview / Comments

NAI Charter is pleased to offer for sale an industrial facility off I-75 in Ringgold, GA. The subject is secured by a lease with Clarke Power Services.

Building Includes: Warehouse, Office Space (3,704 SF), Parts Room, Mezzanine, Shops Area, Dyno Room, Wash Bay, Oil Separator, Customer Lounge, Breakroom, 20 Drive In Doors (16' & 10' doors), and Power and Lighting.

Additional Details

Nearest MSA: Chattanooga
County: Catoosa
Tax ID/APN: 037C-006
Zoning: C3
Highway Access: I-75
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1991
Year Renovated: 1997
Construction/Siding: Steel Frame
Parking Type: Surface
Zoning Description: C3

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,133 24,760 65,641
Median Age: 36.95 37.63 39.27
Households: 1,175 9,228 25,737


Photograph of Listing Agent

Bryan Rudisill

NAI Charter Real Estate Corp. Greater Chattanooga REALTORS® Member
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