For Sale
$375,000
3950 Brainerd RdChattanooga, TN 37411
Net-leased restaurant, 8% cap rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 114
Highlights
- Guaranteed income stream;
- Three-year, guaranteed lease with 3% annual rent increases and renewal option;
- Single-tenant, freestanding building with ample parking;
- 2,014 square foot restaurant/storefront in Chattanooga, TN;
- 8% pro-forma cap rate;
- $375,000 asking price, $186.20/SF.
Property Details for 3950 Brainerd Rd
- Property type
- Retail properties, Restaurants
- Square Feet
- 2,014 SF
- Class
- C
- Year Built/Renovated
- 1942/2015
- Buildings
- 1
- Lot Size (sq. ft)
- 33,541 SF
- Units
- 1
Location Insight
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Latitude
- 35.019742496827
- Longitude
- -85.240241959492
3950 Brainerd Rd, Chattanooga, Tennessee
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