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3740 Powers Ct, Chattanooga, TN 37416

Commercial property for lease

no photo available - Image 864
  • Description
  • Subject property features a 36,875 sq. ft. industrial - flex space building on a 2.59 acre lot at the geographical center of Chattanooga. With less than 1/2 mile access to Highway 153 at Bonny Oaks Drive, this location provides easy accessibility for not only customers but tenants who need access to all areas of town for distribution. Property is visible from high traffic state route - Highway 153 - where traffic counts average +/- 62,000 cars per day. Surrounding area occupied primarily by industrial use, with the Bonny Oaks Industrial Park less than 0.5 mile away. Enterprise South, which is home to the new Amazon.com distribution facility and 1,900,000 sq. ft. Volkswagen assembly plant. Built in 2004, the bldg. consists of 4 units that are in good condition. There is adequate parking available with a large lot in front of building and additional on side. 3740 Powers Court is currently at an 8.5% CAP Rate and 100% occupancy with 4 credit tenants with long-term leases (Motion Industries & Fastenal, see attachments). Excellent investment opportunity based on its accessibility, location and lease history. Building price details: $2,350,000.
  • Property Details
  • Property Type: Commercial (Other)
    Status: Available
    Number of Stories: 1
    Year Built: 2004
    MSA: Chattanooga
    Zoning: M-1
    Buildings: 1
    Tenancy: Multiple Tenants
    Construction: Concrete, Metal Siding
    Terms: Cash to Seller
    Added: 11/06/2013
    Last Update: 11/25/2013
  • Exterior Features
  • Parking Type: Surface
  • Contact info
  • Pryor E Bacon: 423-855-5555 [Office]
    Pryor Bacon Company

  • Note

  • Details Info about this row that located on 3740 Powers Ct, Chattanooga, TN 37416 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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