For Sale
$1,200,000
4511 Tn-58Chattanooga, TN 37416
Turnkey Restaurant, High NOI, Excellent Location
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 113
Highlights
- Fully renovated 3,000 sq ft Class A restaurant in Chattanooga, TN.
- Located at 4511 Hwy 58 on a 0.43-acre lot with ample parking (3 spaces/1,000 sq ft).
- Single-tenant, net-lease property with an 8% cap rate and $120,000 NOI.
- 100% occupied by a credit-rated franchisee with a 5-year lease including rent bumps.
- Asking price: $1,200,000 ($400/sq ft).
- C2 zoning, single-story building, built in 1984, extensively renovated in 2024.
Property Details for 4511 Tn-58
- Property type
- Retail properties, Restaurants
- Square Feet
- 3,000 SF
- Class
- A
- Year Built/Renovated
- 1984/2024
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 18,731 SF
- Units
- 1
Location Insight
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Latitude
- 35.08477126546
- Longitude
- -85.197875635242
4511 Tn-58, Chattanooga, Tennessee
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