6872 McCutcheon Rd - Storefront FOR SALE


Chattanooga, TN 37421- Tyner-Greenwood
$475,000 USD
423-667-6204
6872 McCutcheon Rd, Chattanooga, TN for Sale
$475,000 USD
Storefront - FOR SALE
1/20
null | 7.9% Cap Rate

6872 McCutcheon Rd
Chattanooga, TN 37421
Tyner-Greenwood


HIGHLIGHTS

  • Commercial/Retail center of Chattanooga
  • 2,000sf with Six private offices
  • Five Year Government Lease w/Options

OVERVIEW

This commercial investment property available for sale is located in the heart of the city's busy commercial and retail center. The property has a 5 year modified gross government lease with a 7.9 cap rate in place and options to renew. The 2,000sf property features six distinct offices, a conference room, training space, a fully equipped kitchenette and a bathroom. The property was beautifully updated in 2020. Insurance $104.10/month Taxes $576.08/month HOA $324.82/month

FOR SALE DETAILS

PRICE

$475,000 USD

PRICE/SF

$48 USD /SF

CAP RATE

7.9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

C

APN/PARCEL ID

148D-E-001.03-C-101

ASK ABOUT THIS PROPERTY

Joe PlevaKW CommercialMore Info
423-667-6204

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Joe PlevaKW CommercialMore Info
423-667-6204

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