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Shopping Strip

Wilcox Center

3244 Wilcox Blvd, Chattanooga, TN 37411

Listing Price: $939,000

Cap Rate
9.02%

Investment Overview

Marcus & Millichap is pleased to present this exclusively listed multi-tenant retail shopping strip in Chattanooga, Tennessee. The subject property is on 2.01 acres with 110 surface parking spaces available. The building is 16,500 sf. This property was constructed in 1969 and renovated in 1973. This parcel is surrounded by a mixture of commercial retail and residential neighborhoods. The property offers easy ingress and egress along Wilcox Blvd. In addition to retail income, the property also includes rent from a billboard as well as a locally owned and operated BBQ food truck located at the front corner of the parking lot. Chattanooga is located in the southeastern area of Tennessee and is the fourth largest city in the state. The primary industries are Volkswagen, Komatsu, Alco Chemical and DuPont. National and regional tenants within immediate trade area include: Dollar General, Family Dollar, and Walmart Neighborhood Market to name a few.

Investment Highlights

  • 13 Long Term Tenants
  • 13,000+ Vehicles Per Day
  • Billboard Income

Exclusively Listed By

Listing Price: $939,000

Cap Rate
9.02%

Investment Highlights

  • 13 Long Term Tenants
  • 13,000+ Vehicles Per Day
  • Billboard Income

Investment Overview

Marcus & Millichap is pleased to present this exclusively listed multi-tenant retail shopping strip in Chattanooga, Tennessee. The subject property is on 2.01 acres with 110 surface parking spaces available. The building is 16,500 sf. This property was constructed in 1969 and renovated in 1973. This parcel is surrounded by a mixture of commercial retail and residential neighborhoods. The property offers easy ingress and egress along Wilcox Blvd. In addition to retail income, the property also includes rent from a billboard as well as a locally owned and operated BBQ food truck located at the front corner of the parking lot. Chattanooga is located in the southeastern area of Tennessee and is the fourth largest city in the state. The primary industries are Volkswagen, Komatsu, Alco Chemical and DuPont. National and regional tenants within immediate trade area include: Dollar General, Family Dollar, and Walmart Neighborhood Market to name a few.

Exclusively Listed By

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