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Former Liquor Store Just of I-75 Surrounded b 7703 Lee Hwy 4,300 SF Retail Building Chattanooga, TN 37421 $850,000 ($197.67/SF)


EXECUTIVE SUMMARY
In the path of development for area. From its opening, the VW Assembly Plant and other factors have pulled the demographic and development center of the Chattanooga region in this direction.
Apartment development imminent nearby. The three hotel properties surrounding this site are on the market and garnering interest from developers for a new, 8-acre apartment development.
Other new development in area. New Subaru dealership across the street. Around the corner, new Taco Bell, new Starbucks under construction.
200 Yards from ramp for I-75. I-75 has over 100,000 vehicles per day near this exit. 22,220 vehicles per day on Lee Hwy and growing.
Successful retail site for 40 years. This site hosted a liquor store for 4 decades through 3 owners before last owner passed away.
Great location for new development, or for use of existing retail building, especially with apartment development likely on surrounding properties. Proximity to I-75 supports any number of retail uses. With 3 car dealerships and a motorcycle dealership this site could be an excellent automotive retail site. Proximate to VW Assembly Plant and Amazon Regional Distribution Center.
Apartment development imminent nearby. The three hotel properties surrounding this site are on the market and garnering interest from developers for a new, 8-acre apartment development.
Other new development in area. New Subaru dealership across the street. Around the corner, new Taco Bell, new Starbucks under construction.
200 Yards from ramp for I-75. I-75 has over 100,000 vehicles per day near this exit. 22,220 vehicles per day on Lee Hwy and growing.
Successful retail site for 40 years. This site hosted a liquor store for 4 decades through 3 owners before last owner passed away.
Great location for new development, or for use of existing retail building, especially with apartment development likely on surrounding properties. Proximity to I-75 supports any number of retail uses. With 3 car dealerships and a motorcycle dealership this site could be an excellent automotive retail site. Proximate to VW Assembly Plant and Amazon Regional Distribution Center.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,300 SF
Building Class
C
Year Built
1986
Price
$850,000
Price Per SF
$197.67
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.00 AC
Zoning
C2
Parking
11 Spaces (2.56 Spaces per 1,000 SF Leased)
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 139F-A-005 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $183,200 |
PROPERTY TAXES
Parcel Number
139F-A-005
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$183,200
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Former Liquor Store Just of I-75 Surrounded b | 7703 Lee Hwy
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