1906 Shops
1906 Gunbarrel Rd, Chattanooga, TN 37421-3485, United States
 
The Offering   Property Overview
CBRE is pleased to offer for sale 1906 Shops, located in the heart of Chattanooga, Tennessee’s most dynamic trade area. The center consists of 6,515 SF and is 100% occupied by Fed Ex/Kinko’s, T-Mobile, Cell Phone Repair, and 5-Star Nutrition. This offering provides the opportunity to acquire an extremely well-located asset within a growing market, and features long-term cash flow with NOI growth derived from contractual rent increases.

INVESTMENT HIGHLIGHTS
  • Dominant Retail Corridor
  • E-Commerce Resistant Tenant Line-Up
  • Affluent Demographics
  • Long-Term Leases
  • High Traffic Area
  • Major Employment Drivers
Address 1906 Gunbarrel Road, Chattanooga, TN
Tenants FedEx, T-Mobile, Cell Phone Repair, 5 Star Nutrition
Asking Price $2,300,000
In-Place NOI $166,902
Cap Rate 7.26%
GLA (SF) 6,515
Site Size (AC) 0.47 AC
Occupancy 100%
Year Built 2008
Parking 24 Spaces

 

CBRE
+1 (615) 248-1161