4421 TN-58, Chattanooga, TN 37416
Investment property in a prime location with excellent demographics.
- Added:
- Aug 8, 2024
- Days on Market:
- 689
- Last Refresh:
- May 12 at 9:41 pm
Property Features for 4421 TN-58
General Information
- Standard status
- Active
- Size
- 28,350 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1973
Listing office The James Company Real Estate Brokers & Development (423) 400-2424
Listing date Aug 8, 2024
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of The James Company Real Estate Brokers & Development
HighLights
- Prime location
- Income producing investment
- Excellent demographics
- Chattanooga, TN’s rate of growth
- Long term safe investment
- Longevity location
Overview
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $544.3k | $19.20 |
| − Vacancy | −$43.5k | −$1.54 |
| EGI | $500.8k | $17.66 |
| − OpEx | −$187.8k | −$6.62 |
| NOI | $313.0k | $11.04 |
Alternative Uses
Current Use by Public Records
Map
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.1757
- Latitude
- 35.1014
