Ringgold Center

Retail-Commercial for Sale
Catylist Listing ID: 30150406
Property Subtypes: Car Wash, Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Movie Theatre, Parking Facility, Post Office, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Building Size (RSF): 65,090 SF
Gross Building Area: See Agent
Gross Land Area: 8.20 Acres
Sale Price: $975,000
Unit Price: $14.98 PSF
Property Use Type: Vacant/Owner-User
Building Name: Ringgold Center
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/14/2017

Overview / Comments

Rare find - exceptionally well priced 8-acre tract. New Dollar General and remodeled Cascades Apartments across Ringgold Road from the Centers. New Walgreen's and Ace Hardware nearby. There are six buildings that were built in the 1950's on site, and the Center is in close proximity to the Osborne Center and Food City.

I-24 is approximately one mile from center at either Exit 183 (Germantown Road) or Exit 181A (East Ridge).

––-> Primary co-listing contact Charlie Walldorf 756-2400 cwalldorf@walldorf.com or
––-> Nathan Walldorf 756-2400 nwalldorf@walldorf.com

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 168D C 013
Zoning: C-2
Retail Clientele: General
Property Located Between: Germantown Road and Osborne Center
Property Visibility: Excellent
Largest Nearby Street: Germantown Road
Feet of Frontage: 354
Airports: Chattanooga
Site Description: Relatively level 5 of 8.2 acres; zoned C-02; 2 miles from East Ridge tunnels.
Tenancy: Multiple Tenants

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,748 86,326 150,420
Median Age: 40.04 36.47 37.05
Households: 6,089 34,624 62,081
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