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5120 TN-58
Chattanooga, TN 37416
Asking Price
$1.87M
Asset Type
Commercial Land
Class
Class B
What's Special
Retail <ul><li>Property Size: +/- 8.5 Acres</li><li>Purchase Price: $1,870,000</li><li>Prime Location: 5120 Hwy. 58, Chattanooga</li><li>Excellent Visibility: ±740 feet of frontage along Hwy. 58</li><li>Zoning: C-N</li><li>Strong Traffic Counts: ±31,995 Average Vehicles Per Day</li><li>High Exposure Corridor: Signalized access with strong daily commuter flow</li><li>Growing Demographics: Located in an expanding trade area with increasing population and rooftops</li><li>Development Ready: Ideal
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NOI
$80,000
Cap Rate
4.28%
DSCR
0.72
Underwater
Cash-on-Cash
-5.53%
Monthly Payment
$9,251.74
Annual Cash Flow
$-31,020.876
