3550 Broad St - Drug Store FOR SALE


Chattanooga, TN 37409- Lookout Mountain
$4,000,000 USD
214-692-2216
3550 Broad St, Chattanooga, TN for Sale
$4,000,000 USD
Drug Store - FOR SALE
1/6
null | 6.91% Cap Rate

3550 Broad St
Chattanooga, TN 37409
Lookout Mountain


HIGHLIGHTS

  • Located near a newly built baseball stadium and a brand-new Publix, this Walgreens benefits from increased traffic in a rapidly growing area
  • The Chattanooga Lookouts minor league team is building a new $120 million stadium is just blocks from the Walgreens
  • Over 110,000 residents within a 5-mile radius provide a dense consumer base in this established urban market.
  • The site benefits from consistent exposure with approximately ±119,400 vehicles per day (VPD) traveling along I-24.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$265 USD /SF

CAP RATE

6.91%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

2.1 AC

LAND SF

91,476 SF

ZONING

UGC

APN/PARCEL ID

155J-F-003.01

ASK ABOUT THIS PROPERTY

Clay SmithMatthews Real Estate Investment ServicesMore Info
214-692-2216

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

Clay SmithMatthews Real Estate Investment ServicesMore Info
214-692-2216

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