2228 S Cedar Ave - Freestanding FOR SALE


South Pittsburg, TN 37380
$6,800,000 USD
865-584-2000
2228 S Cedar Ave, South Pittsburg, TN for Sale
$6,800,000 USD
Freestanding - FOR SALE
1/12
null | 7.25% Cap Rate

2228 S Cedar Ave
South Pittsburg, TN 37380


OVERVIEW

Property Information ±94,031 SF with lay down yard 9.96 Acres $6,800,000 7.25% CAP Rate NNN Lease with 5 years remaining and two 5-year renewal options I-1 Zoning Situated in an industrial corridor adjacent to US-72 and one mile from I-24, providing direct routes to Chattanooga and Huntsville Loading: 4 dock-high bays, 2 grade level bays 24’ clear height HVAC: 55,000 SF has full heat and AC 464 Parking Spaces

FOR SALE DETAILS

PRICE

$6,800,000 USD

PRICE/SF

$136 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

450

LAND DETAILS

LAND ACRES

4.98 AC

LAND SF

216,929 SF

ZONING

I-1

APN/PARCEL ID

156-036.03

ASK ABOUT THIS PROPERTY

Oliver SmithOliver Smith Realty & Development CompanyMore Info
865-584-2000

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Oliver SmithOliver Smith Realty & Development CompanyMore Info
865-584-2000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.