Star Vue Square

Shopping Center for Sale
Sale Pending/Contingent
Catylist Listing ID: 30771701
Property Subtypes: Strip Center
Status: Pending/Contingent
Building Size (RSF): 64,000 SF
Gross Building Area: See Agent
Sale Price: $3,100,000
Unit Price: $48.44 PSF
Property Use Type: Investment
Usable Size (USF): 60,100 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/12/2021

Overview / Comments

The Star Vue Square Sopping Plaza is 60,750sq ft - modern looking and updated plaza. 9 long term tenants enjoy this well maintained commercial complex.
The complex has been well maintained with a recent new roof and resurfaced parking lot. The 170 marked parking spaces and well appointed sign's help the buying pubic find each tenant. The plaza has been with the current owners for 20 years. The level 5 acre site is zoned highway commercial. The steel frame and poured concrete slab boast a solid appearance.

Additional Details

Nearest MSA: Cleveland
County: Bradley
Taxing Authority: Hamilton
Tax ID/APN: 049N A 010.01 000
Zoning: HC
Retail Clientele: Family
Property Located Between: Georgetown Rd. - Keith St.
Property Visibility: Excellent
Largest Nearby Street: Keith
Feet of Frontage: 458
Traffic/Vehicle Count: 20,000
Highway Access: 4.7 Mi
Airports: CHA 23 mi./ Cleveland Jetport 8.3 mi.
Site Description: Level 5 acres. Zoned highway commercial. Resurfaced parking lot with new signs
Area Description: SouthWest Cleveland business district, Starbucks located in the vacinity. This a working commercial thoroughfair.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 64,000 SF
Property Condition: Good
Year Built: 1968
Year Renovated: 2018
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Brick and Stucco - exterior over a steel framed building
Parking Ratio: 0.4 (per 1000 SF)
Parking Type: Surface
Parking Description: over 170 paved parking spaces
Total Parking Spaces: 170
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Other
Internet Access: DSL, Fiber Optic
Interior Description: Built out, leasable space. Customized to tenant needs
Zoning Description: Highway commercial
Lot Frontage: 458
Lot Depth: 512
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress
Easements Description: Conjoined parking lot to other commercial buildings
Land Ownership: Fee simple
Legal Description: 049N A 010.01 000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,303 38,496 65,239
Median Age: 29.32 35.96 36.82
Households: 2,559 15,098 25,161

Contact

Photograph of Listing Agent

Shawn Matthews

Coldwell Banker Kinard Realty Greater Chattanooga REALTORS® Member
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