6802 Ringgold Rd, Chattanooga, TN 37412

Commercial property for lease

• Description
• Excellent opportunity to purchase a Multi Tenant Office/Retail center investment near the Bass Pro Shop complex. The property is just east of the I-75 exit. This property is priced below the appraised Sales Comparison Approach in 2016. With minimal upgrades this investment has the potential to earn $45,478 annually with average market rental rates at $7.48 PSF for 12 units. This does not include the basement. In addition, there is 3,000 SF of basement space which could be utilized as rentable storage. All units are currently under market rental rates. There are currently 4 vacant units to begin on upgrades. The property currently has a NOI of $11,471. Building price details: $299,000.
• Exterior Features

• Parking:	Yes
  Parking Spaces:	15

• Contact info
• Anne L Najjar

  Prestige Property Brokers
• Note

• Details Info about this row that located on 6802 Ringgold Rd, Chattanooga, TN 37412 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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