4101 Shallowford Rd, Chattanooga, TN 37411

Commercial property for lease

• Description
• This property has been leased with a 5-year lease and is now an investment type property for sale.The property is located at the intersection of N. Moore Rd and Shallowford Rd and Wilcox Blvd. Across the street is the location of the new Walmart Neighborhood Center grocery store. It is driving a lot of traffic to the area and causing new growth along this corridor.This location has most recently been an auto repair service center. The original building was 1,000 sf but in 1998 an additional building was built in front of and around the old structure. It now has 4,511 SF. It is a metal building with 6 on-grade drive-in doors, 4 10-foot doors on the front and two 14-foot doors on the side. The building and property are for sale without any of the tools or equipment. There is a nice sized waiting room, sales office and private office. The entire lot is fenced.The new tenant is a diesel truck engine repair shop that moved to this location from Soddy Daisy. The tenant is covered up with work and expanding his business to meet the demand for his services.The new triple net , NNN, lease has the following conditions: $2,500/mo or $30,000/yr in base rent, 2.5% increases per year, tenant pays property taxes, insurance and CAMS. See attached pro forma for details. Building price details: $399,000.
• Exterior Features

• Parking:	Yes
  Parking Spaces:	40
  Parking Type:	Surface

• Contact info
• Robert Fisher

  KW Commercial
• Note

• Details Info about this row that located on 4101 Shallowford Rd, Chattanooga, TN 37411 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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