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5950 LEE HWY
CHATTANOOGA, TN 37421-3564
Asking Price
$1.50M
Asset Type
Auto Shop Retail
Class
Class B
What's Special
5100sf Remodeled Building on 1AC. Great location! <p><span style="color: rgba(0, 0, 0, 1)">Prime location along heavily traveled Lee Highway corridor with exceptional visibility and exposure</span></p><p><span style="color: rgba(0, 0, 0, 1)">Includes two parcels:</span></p><ul><li><span style="color: rgba(0, 0, 0, 1)">5950 Lee Hwy improved commercial site 0.59 acre (includes Billboard revenue)</span></li><li><span style="color: rgba(0, 0, 0, 1)">5942 Lee Hwy additional vacant lot totaling approximately 0.50± acre</span></li></ul><p><span styl
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NOI
$80,000
Cap Rate
5.35%
DSCR
0.90
Underwater
Cash-on-Cash
-1.95%
Monthly Payment
$7,396.444
Annual Cash Flow
$-8,757.332
