540 Laurel Drive

Office for Sale
Catylist Listing ID: 30721127
Property Subtypes: Mixed Use, Net Leased, Office Building
Building Size (RSF): 4,190 SF
Gross Building Area: See Agent
Sale Price: $360,000
Unit Price: $85.92 PSF
Ceiling: 14 ft.
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN)
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/14/2021

Overview / Comments

Warehouse and office. Current use is a distribution facility. Office space plus warehouse. Loading dock with truck well. Fenced secure parking lot. The owner will sign a 10 year lease triple net. The building under went a total renovation New roof,electrical,and flooring security doors.

Additional Details

Nearest MSA: Dayton
County: Rhea
Tax ID/APN: 072096F A 02101
Property Visibility: Good
Highway Access: Direct connection to Highway 27.
Site Description: Level site.
Area Description: Dayton business district.
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1940
Year Renovated: 2020
Roof Type: Hip
Construction/Siding: Wood Frame
Exterior Description: Newly painted exterior.
Parking Type: Surface
Parking Description: Fenced lot 24 spaces.
Total Parking Spaces: 24
Sprinklers: None
Heat Type: Electricity
Internet Access: Fiber Optic
Zoning Description: C2
In Flood Plain?: Yes
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,152 7,454 15,523
Median Age: 33.97 37.92 35.89
Households: 827 2,877 5,799


Photograph of Listing Agent

Shawn Matthews

Coldwell Banker Kinard Realty Greater Chattanooga REALTORS® Member
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