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4716 Rossville Blvd, Chattanooga, TN 37407

Commercial property for sale

  • Description
  • This building is occupied by The Fastenal Company as a long term tenant. Fastenal originally executed a double net (NN) lease for this property in 2005. This is an investment purchase with Fastenal as the tenant. Fastenal has two years remaining on their lease. This has been good location for Fastenal and they are likley to stay much longer. The Fastenal Company is an international company with over 2,500 locations and $260 million in sales. There are six locations in the greater Chattanooga area. Their website is www.fastenal.com. Please see the attached property description for additional detail concerning the lease. The investment capitalization rate is 9.97% at List Price. In additional to the Fastenal lease, there is a Fairway Outdoor Advertising billboard lease that provides $2,500 per year in rental income. That lease expires in 2015. Building price details: $315,000.
  • Property Details
  • Building Name: Fastenal
    Property Type: Retail
    Use Types: Free-Standing Building
    Status: Available
    Price: $ 48 +/SF
    Number of Stories: 1
    Year Built: 1968
    Year Renovated: 2005
    MSA: Chattanooga
    Zoning: C-2
    Buildings: 1
    Tenancy: Single Tenant
    Construction: Concrete, Steel Frame
    Terms: Cash to Seller
    Added: 12/23/2011
    Last Update: 03/14/2012
  • Exterior Features
  • Parking: Yes
    Parking Spaces: 10
    Parking Type: Structure, Surface
  • Contact info
  • 423-756-5700 [Office]
  • Note

  • Details Info about this row that located on 4716 Rossville Blvd, Chattanooga, TN 37407 was got from trusty sources, but All Foreclosures Homes 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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