Business for Sale in Chattanooga, TN

  • Price: $375K
  • Listing type: For sale
  • Asset type: Business
  • Location: Chattanooga, TN 37411
  • Size: 2,014 SF

Description

Stand alone building on Brainerd Road, fully leased. Tenant recently signed and guaranteed a three year lease term with 3% annual increases and a renewal option. Building holds a single tenant, offers ample parking. Per lease agreement, tenant is responsible for the majority of the property maintenance. This space is currently being modified for restaurant use. Currently offered at an 8% cap rate! Building SF: 2014 | Land Size: 0.77 Ac | Listing Type: FOR SALE

Market Context

This other in Chattanooga, TN is listed for sale at $375,000 across 2,014 SF ($186/SF). It is offered at an approximate 8.0% capitalization rate, a key benchmark for income-producing other assets. It has been on the market for 39 days. Compare it against other other listings for sale in Chattanooga, TN — <a href="/search/sale/other/tennessee/chattanooga">view the full market</a>.

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