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30064017
30064178

334 Market St, Chattanooga, TN 37402 For Sale

CH
TN TN 310679, TN GA 348066
CCH Properties, LLC
Listed by CCH Properties, LLC
$1,338,000
136 days on market
Updated 8 days ago
Opportunity zone

334 Market Street

Details
Property Type Hospitality, Retail
Sub Type Bar, Restaurant (+1)
Square Footage 2,880
Cap Rate 5.53%
NOI $74,000
Occupancy 100%
Tenancy Single
Lease Type NN
Lease Expiration 12/31/2029
Price per SqFt $465
Investment Type Net Lease
Sale Condition For sale by owner

Prime downtown location with long term tenant

Marketing description

334 Market Street is located at a prime intersection in downtown Chattanooga. Popular, long term tenant has occupied the property for over 20 years and recently signed a 3-year extension. Excellent investor opportunity in high demand location. New Embassy Suites with 184 suites just opened a block away and a new Drury Hotel is under construction on the same block.

Tenant is responsible for all utilities, HVAC, all interior maintenance, exterior maintenance except for the roof, and property taxes. Owner is responsible for roof and insurance.

Please contact listing agent for showings. Please do not discuss with tenant or tenant’s employees.

Investment highlights

Limited owner responsibilites

Long term tenant

Located at the busiest intersection in downtown Chattanooga

High demand area for restaurants & retail

Listing Contacts

CH
TN TN 310679, TN GA 348066
CCH Properties, LLC
Listed by CCH Properties, LLC

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$74,000.00
$6,166.67/mo

Valuation Metrics

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DSCR
5.53%
Cap Rate
5.53%
ROI

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Additional Information

Name
Cullon Hooks
License
TN 310679
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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