Oliver Smith Realty and Development Company is pleased to present an excellent ground lease opportunity directly off I-75 Exit 1 ramp on the southbound side.? This pad ready lot will be situated directly in front on the existing Stay Express Inn.? Right now you will see two (2) buildings on the site, one is a smaller building upfront facing Ringgold Road which will be demolished to make way for the 0.86 acre pad.?
For pricing guidance on this site please reach out to Brian Coyle at 203-918-3944, we can Ground Lease or do a Build-To-Suit.?
This is a unique opportunity for QSR Restaurants or any national tenant users because of the current Border Region Retail Tourism Development Act .? Essentially the city has provided an incentive for developers and operators to situate themselves on the TN line, instead of the Georgia state line to keep sales tax revenues in Tennessee.? This incentive as we understand it would offer a portion of the gross sales tax percentage to come back in a rebate to help offset expenses for a developer or business.? In essence, the incentive would help relieve some of the cost of rent.? We can help connect you with the correct city officials who can explain this in greater detail, and information can also be found on East Ridge, TN city website.?
Our subject site provides phenomenal road frontage, roughly 250 feet facing Ringgold Road, and great interstate visibility.? We can ensure ample parking on site but also offer cross-access easements through the Hotel in the rear to access additional parking spaces if necessary.? Cross access will also allow customers to access this site at the Ringgold Road & S Mack Road intersection.? A rear entrance curb cut off S Mack Road goes through to the hotel.?