3950 Brainerd Road Chattanooga, TN 37411

Listing office KW Commercial | Chattanooga - Downtown - Chattanooga TN 37421 j***@kw.com Show Phone

Listing date Jul 24, 2024

Source Realnex

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All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial | Chattanooga - Downtown - Chattanooga TN 37421

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Investment Insights

Based on property information with market context.

This stand-alone building on Brainerd Road is fully leased to a single tenant. The tenant recently signed and guaranteed a three-year lease term that includes 3% annual increases and a renewal option. The property offers ample parking. According to the lease agreement, the tenant is responsible for the majority of the property maintenance. The space is currently being modified for restaurant use. The property is offered at an 8% cap rate.

Key Highlights

• Fully leased with a recently signed three‑year lease, providing immediate income.
• Offered at an attractive 8% cap rate.
• Tenant responsible for the majority of property maintenance.

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FAQs

What type of property is this?

Storefront property - Fully leased building with a long-term tenant and ample parking.

Where is this storefront property located?

The property is located at 3950 Brainerd Road Chattanooga, TN.

What is the asking price?

The asking price for this property is $375,000.

What are key features of this property?

This property features: Fully leased with a recently signed three‑year lease, providing immediate income.; Offered at an attractive 8% cap rate.; Tenant responsible for the majority of property maintenance.