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EXECUTIVE SUMMARY
Fully net leased building in downtown Chattanooga, TN. Adjacent to the Dwell Hotel. Broad’s Lounge occupies the entire premises on a ten year lease term that commenced in February 2023.
Full roof replacement (2025)
Storefront glass replacement + framing (2023)
HVAC code upgrades and repairs (2023)
Asbestos/lead remediation (2023)
Minimal Landlord responsibilities. Excellent passive investment.
This is an operating business, and there will be no property tours without an agreeable Letter of Intent.
Full roof replacement (2025)
Storefront glass replacement + framing (2023)
HVAC code upgrades and repairs (2023)
Asbestos/lead remediation (2023)
Minimal Landlord responsibilities. Excellent passive investment.
This is an operating business, and there will be no property tours without an agreeable Letter of Intent.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,200 SF
Building Class
C
Year Built
1950
Price
$1,200,000
Price Per SF
$285.71
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.01
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
U-CX-6
Frontage
AMENITIES
- Bus Line
- Signage
Walk Score®
Walker's Paradise (92)
Bike Score®
Biker's Paradise (96)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 145D-X-004 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $144,120 |
PROPERTY TAXES
Parcel Number
145D-X-004
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$144,120
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124 E 10th St
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