824 Dodson Ave
Retail strip center with 3 units | 8.00% CAP | 6,720 SF
Marketing description
Introducing a prime value-add opportunity in Chattanooga, TN - 824 Dodson Avenue. This strip center, located on the bustling Dodson Ave, features three equally divided units with immense potential. A cosmetic rehab promises significant returns with a 9% cap rate from projected rents at $10.68/SF/YR. Built in 1989 and renovated in 1994, this property spans 6,720 SF on a 0.64-acre lot with attached signage and ample parking for future patrons. An adjacent building at 830 Dodson is also available, augmenting the investment proposition. With a strategic location and a promising prospect for growth, this property is poised to be a great addition to any portfolio. Don't miss out on the chance to capitalize on this exciting offering.
Investment highlights
Retail strip center with 3 units
8% cap rate from projected rents at $10.68/SF/YR
6,720 SF on a 0.64-acre lot
Pylon signage
Ample parking
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