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6413 Lee Hwy

39,969 SF 96% Leased Retail Building Chattanooga, TN 37421 £4,751,683 (£119/SF) 8% Net Initial Yield

Investment Highlights

  • Access to I-153

Executive Summary

For sale individually or in a portfolio.

Data Room Click Here to Access

Property Facts Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
39,969 SF
Building Class
B
Year Built/Renovated
1980/2014
Price
£4,751,683
Price Per SF
£119
Net Initial Yield
8%
NOI
£380,236
Percent Leased
96%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.25
Lot Size
3.63 AC
Zoning
C-2
Frontage
725 ft on Lee Highway

Amenities

  • Bus Route
  • Dedicated Turn Lane
  • Freeway Visibility
  • Signalised Intersection
  • Monument Signage
  • Fiber Optic Internet

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 123
  • 1,780 SF
  • Retail
  • In-Line
  • Now

Former real estate office available for lease. This prime location is located directly off of Lee Highway at the Hwy. 153 exit in Chattanooga, TN

Space Size Space Use Position Available
123 1,780 SF Retail In-Line Now

123

Size
1,780 SF
Space Use
Retail
Position
In-Line
Available
Now

123

Size 1,780 SF
Space Use Retail
Position In-Line
Available Now

Former real estate office available for lease. This prime location is located directly off of Lee Highway at the Hwy. 153 exit in Chattanooga, TN

Nearby Major Retailers

Apple Spice
Aqua-Tots Swim Schools
Planet Fitness
1st Heritage Credit
Krystal
Old Chicago Pizza
Gold's Gym
Food City

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
148K-A-003
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£1,414,020
  • Listing ID: 31832922

  • Date on Market: 16/05/2024

  • Last Updated:

  • Address: 6413 Lee Hwy, Chattanooga, TN 37421

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