5805 Lee Hwy, Chattanooga, TN 37421
sale
$1,350,000
|
Other
Courtesy Of Keller Williams Heritage
Prime Fully Leased Retail Investment | Strong Cash Flow | High-Visibility Location Exceptional opportunity to acquire a fully occupied retail plaza positioned on a major corridor with approximately 70,000 vehicles per day, delivering outstanding visibility and consistent tenant demand. Located directly across from a Toyota dealership and just minutes from Chattanooga Metropolitan Airport, this property offers prime accessibility in one of the area's most active commercial pockets. This property produces strong NOI, making it a true turnkey investment with immediate cash flow and additional upside through future rent increases and continued area growth.
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Property Features
- Age: Over 50 Years Old
- Floors: 1
- Legal Description: The tenant mix includes a nail and hair salon, barbershop, spa and wellness services, CPAs, a retail shop, nursing/education use, and a ministry/service-based tenant, creating a strong and diversified income stream. Many of the units have been recently remodeled within the past year, reducing deferred maintenance and improving tenant retention, while the high-traffic location near major roads, the airport, and national retailers provides excellent long-term visibility and stability.
- MLSID: 135341
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