1509 Burns Avenue, Chattanooga, TN 37412
Commercial property for lease
1509 Burns Avenue, Chattanooga, TN 37412
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- Description
- This small industrial office flex building would make an excellent investment for an owner occupied user or investor. The cap rate is strong for the investor at about 10.6% (see Pro Forma). There are six suites that vary in size(see rent roll). Also enclosed is the current P&L and Pro Forma statement for the property. This property is located near Exit 1 (East Ridge exit) on I-75 so it is an excellent location for easy access to downtown, Hixson, Cleveland and Dalton. For the investor this would be an easy property to manage because there are only 6 suites and very little grounds or building upkeep required. Building price details: $279,000.
- Property Details
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Building Name: Office Flex Building Property Type: Industrial Use Types: Flex Space, Light Industrial, Self Storage, Warehouse/Distribution Status: Available Number of Stories: 1 Year Built: 1992 MSA: Chattanooga Zoning: C2 Buildings: 1 Tenancy: Multiple Tenants Construction: Concrete Terms: Cash to Seller Added: 08/23/2013 Last Update: 10/23/2013 - Exterior Features
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Parking: Yes Parking Spaces: 18 - Contact info
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Robert Fisher: 423-664-1550 [Office] KW Commercial
- Note
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