Retail Building at Corner of Hamilton Place Blvd. and Gunbarrel Road

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30178697
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad
Status: Pending
Building Size (RSF): 9,000 SF
Gross Building Area: 9,500 SF
Gross Land Area: 0.85 Acres
Sale Price: $2,500,000
Unit Price: $277.78 PSF
Property Use Type: Vacant/Owner-User
Building Name: AAA Insurance/Travel Building at Hamilton Place Mall
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/6/2019

Overview / Comments

Absolutely the Best Retail Location on Gunbarrel Road !!! Freestanding 9,000 SF. Building on 0.85 Acres. Current Business is Relocating. Corner of Gunbarrel Road and Hamilton Place Blvd. Perfect for Retail or Restaurant use. Excellent visability and location.

Call Listing Agents, Russ Elliott or Jon Hughes to schedule appointments to see or show the property. AAA Insurance / Travel is still operating in the Building so all showings are by Appointment ONLY. The AAA business will be relocating. Square footage is deemed reliable but not guaranteed. Listing Agent has not measured the space / building and does not guarantee the accuracy of the number of square feet or acreage. Square feet and acreage need to be verified by Purchaser.

Attachments & Media

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 149I-A-001.42
Zoning: C-4
Retail Clientele: General, Family, Business, Tourist
Property Visibility: Excellent
Largest Nearby Street: Gunbarrel Road
Traffic/Vehicle Count: 28,000
Highway Access: I-75
Airports: Chattanooga Airport
Site Description: Outparcel of Hamilton Place Mall. Best retail Corner in Chattanooga.
Area Description: Part of Hamilton Place Mall development. Frontage on Gunbarrel Road and Hamilton Place Blvd.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 9,000 SF
Property Condition: Excellent
Year Built: 1993
Construction/Siding: Brick
Exterior Description: Brick Exterior with Glass Storefront.
Total Parking Spaces: 45
Parking Ratio: 51 (per 1000 SF)
Parking Type: Surface
Parking Description: 45 Surface Parking Lots.
Heat Type: Natural Gas
Air Conditioning: Package Unit
Internet Access: Gigabit
Interior Description: Currently built out as office space (see photos of interior). Could be easily converted into Retail or Office space.
Zoning Description: C-4
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,035 51,188 115,962
Median Age: 44.65 40.45 39.43
Households: 3,430 21,382 47,037
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