For Sale
$375,000
3950 Brainerd Rd Chattanooga, TN 37411
Net-leased restaurant, 8% cap rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 129
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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FAQs
- What type of property is this?
- Retail property - Net-leased restaurant, 8% cap rate
- Where is the retail property located?
- The property is located at 3950 Brainerd Rd 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: Guaranteed income stream;; Three-year, guaranteed lease with 3% annual rent increases and renewal option;; Single-tenant, freestanding building with ample parking;
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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