The Market ICI World Real Estate Network

HAVE - Region 6
Southern - Arkansas, Mississippi, Tennessee
Listings

Message #3608
Date: 29-Jul-94 12:56

HAVE

Type: 230,000sf of Shopping Mall--Greater Chattanooga Tenessee
Location: Ringgold, Georgia-just off I-75, 5 Mi from TN border
Price: Make an offer
Size: 230,000sf
Building Area: 230,000sf Gross--194,000 Net Rentable
Site Area: 23+ acres
Zoning: Retail/Light Industrial
Gross Operating Income: Just renovated--ready for lease-up
Expenses: No recent history--Taxes approx. $15,000.
Net Operating Income:One 30K sf tenant @ $2.50/sf NNN
Loans: None
Comments: Original price $5M--reduced to $13/sf-now motivated to look at "offers"--Seller tired of geography-not financial distress!
Client's Motivation: Simply wants out of on-going management!!! Family situation
Broker's Recommendations: Hands on Opportunity!!!
Control: W/Exclusive Agent

Contact:

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