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20687819

1007 Ashland Terrace, Chattanooga, TN 37415

BM
TN TN 358225, GA GA 374144 (+1)
KW Commercial Chattanooga - Downtown
VB
TN 269196
KW Commercial
Listed by KW Commercial Chattanooga - Downtown, KW Commercial
$2,750,000
591 days on market
Updated 44 days ago

1007 Ashland Terrace

Details
APN 109M C 017
Property Type Office, Retail
Sub Type Storefront
Square Footage 13,509
Net Rentable (SqFt) 13,509
Units 5
Cap Rate 6.00%
Occupancy 100%
Tenancy Multi
Brand/Tenant AutoZone, Church's Chicken (+3)
Lease Type NNN
Lease Term 5
Remaining Term 5
Rent Bumps Yes
Lease Options Yes
Broker Co-Op Yes
Class B
Year Built 1988
Year Renovated 2024
Buildings 1
Stories 1
Acreage 1.090
Zoning C2
Parking Spaces 42 spaces
Parking Per SqFt 3.11
Investment Type Stabilized

Fantastic Investment Opportunity

Marketing description

Prime Commercial Opportunity at 1007 Ashland Terrace, Chattanooga, TN

Discover a unique commercial real estate opportunity at 1007 Ashland Terrace, strategically located in one of Chattanooga's most sought-after neighborhoods. This property offers versatile potential, making it an ideal investment for businesses seeking visibility, accessibility, and the charm of a well-established area. Whether you're looking to expand your commercial portfolio, start a new business, or develop a unique space, this property is primed for success.

Property Highlights:

  • Prime Location: Situated in a high-traffic area with excellent visibility and easy access to major roads and highways, offering great potential for both foot traffic and vehicle exposure.

  • Spacious Interior: The property features flexible layout options with ample square footage, providing the perfect canvas for a variety of commercial uses, including retail, office space, or even a mixed-use development.

  • Updated Infrastructure: Recent upgrades to electrical, plumbing, and HVAC systems ensure the property is move-in ready, saving you time and money on major renovations.

  • Zoning Flexibility: Zoned for commercial use, the property is adaptable to various business types, from office spaces and professional services to boutique retail shops or small-scale hospitality ventures.

Nearby Amenities:

  • Downtown Chattanooga: Just a few minutes away, downtown offers a bustling commercial district, featuring renowned restaurants, shopping centers, and entertainment venues—perfect for attracting customers and clients.

  • Chattanooga's Outdoor Culture: The city's reputation for outdoor activities, including hiking, biking, and scenic tours, brings consistent traffic from both locals and tourists, adding to the potential customer base for your business.

  • Transportation Access: Easily accessible by major roads and highways, including I-24 and US-27, ensuring convenient transportation for employees, clients, and suppliers.

  • Proximity to Key Businesses and Institutions: Located near high-traffic commercial hubs and established businesses, this property benefits from proximity to key employers, schools, healthcare centers, and government offices.

Investment Potential:

This property offers an incredible opportunity for businesses looking to capitalize on Chattanooga’s strong commercial market. Whether you’re interested in long-term ownership, rental income, or creating a flagship location for your brand, 1007 Ashland Terrace offers significant potential for growth and profitability.

Seize the opportunity to invest in one of Chattanooga’s most desirable areas—schedule a private showing today and explore the possibilities at 1007 Ashland Terrace.

This is more than just a property—it’s the foundation for your business’s success.

Listing Contacts

BM
TN TN 358225, GA GA 374144 (+1)
KW Commercial Chattanooga - Downtown
VB
TN 269196
KW Commercial
Listed by KW Commercial Chattanooga - Downtown, KW Commercial

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Additional Information

Name
Brockman Missel
License
TN 358225
Brokerage
KW Commercial
Brokerage Phone
4236641550
Brokerage Address
1830 Washington Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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