4616 Battlefield Pkwy Ringgold, GA 30736
High-yield, NNN-leased medical center.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 136
Highlights
- $5,292,000 asking price for a 10,000 square foot, 100% occupied, multi-tenant retail/office/mixed-use property.
- NNN lease structure with two tenants under 10-year leases commencing November 14, 2023, and expiring May 30, 2034, including 2 x 5-year lease options.
- 6.25% cap rate based on a $330,735 Net Operating Income (NOI).
- Located on 1.12 acres at 4616 Battlefield Pkwy, Ringgold, GA 30736, a prime commercial corridor near Chattanooga, TN.
- New construction (2023) with a transferable roof warranty, offering stable cash flow and ease of ownership.
- Fee simple ownership with annual rent increases providing inflation hedge and depreciation benefits.
Property Details for 4616 Battlefield Pkwy
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 10,000 SF
- Year Built
- 2023
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 48,787 SF
Location Insight
- City
- Ringgold
- County
- Catoosa
- State
- Georgia
- Latitude
- 34.9334513
- Longitude
- -85.1898312
Nearby Similar for Sale
FAQs
- What type of property is this?
- Lifestyle center - High-yield, NNN-leased medical center.
- Where is the lifestyle center located?
- The property is located at 4616 Battlefield Pkwy Ringgold, GA.
- What is the asking price?
- The asking price for this property is $5,292,000.
- What are key features of this property?
- This property features: $5,292,000 asking price for a 10,000 square foot, 100% occupied, multi-tenant retail/office/mixed-use property.; NNN lease structure with two tenants under 10-year leases commencing November 14, 2023, and expiring May 30, 2034, including 2 x 5-year lease options.; 6.25% cap rate based on a $330,735 Net Operating Income (NOI).
- How can I contact the broker?
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