8116 Standifer Gap Rd - Health Care FOR SALE
Chattanooga, TN 37421 |
$757,714 USD
424-277-6755
8116 Standifer Gap Rd
Chattanooga, TN 37421
HIGHLIGHTS
- The lease has over 12 years remaining, with 3% annual rental increases and two (2), five (5) year options to extend.
- The lease features 3% annual rental increases, providing a future owner with a boost in cash flow and a hedge against inflation.
- Veterinary Hospitals are extremely sought-after investments for their resistance to downturns in the economy and e-commerce trends.
- Pet Hospitals rarely relocate due to difficulty retaining the same patients in a new location and the high costs associated with moving and buildouts.
- The subject property is well-positioned off Standifer Gap Rd and offers easy access to Interstate 75 seeing over 80,000 vehicles per day.
- The property is situated in a well-established area, surrounded by a mix of medical offices, schools, and residential neighborhoods.
FOR SALE DETAILS
PRICE
$757,714 USD
PRICE/SF
$379 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
WOLFTEVER PET WELLNESS GROUP
PROPERTY TYPE
Health Care
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
-
YEAR BUILT
1981
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1 AC
LAND SF
43,560 SF
ZONING
RR
APN/PARCEL ID
149-027.01
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424-277-6755
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424-277-6755
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