• Year Built: 1986
5907 Lee Hwy is aretail property for lease in Chattanooga, TN.
9,141 SF with 3 free standing buildings, 1- A Fast Lube with 3,030 sq ft, 2- A Car Wash with 4,719 sq ft and 3- A Convenience Store with 1,392 sq ft. Square footage & Lot size as per 2012 appraisal. Buyer to Verify Square Footage and Lot size.
1.63 acre of prime commercial real estate property with three independent, fully equipped and functioning automotive service business facilities. Located on major high traffic path, 1.2 Miles from Chattanooga Metropolitan Airport. Has excellent high-visibility frontage on both Lee Highway and Airport Road.
Fully furnished gas station and convenience store, four tanks completely cleaned and refurbished in 2012, along with newly installed six pumps. Special bulletproof security enclosure built for cashier’s station, new air-conditioning system and redone walk-in coolers. Also has new POS system.
Car wash is fully functional but has not been operational since 2015 because of absentee owner. 120-foot tunnel with full Sonny equipment about six years old. Only carwash in town grandfathered for use of fresh (non-recycled) water. Everything refurbished and renewed in 2015. Capacity to handle four lanes of ten cars, apart from 12 special service bays and detailing shed. Replacement value of car wash in excess of $3m
6-bay full-service automotive repair and lube center currently in fourth year of six-year triple-net lease. Property will be sold complete with all fixtures related to lube, tire, alignment, engine and transmission work Option to retain income-generating lease.
Seller will retain the option of selling the individual business facilities separately, with common right of easement. Gas station for $800,000, carwash $750,000, lube/repair garage $550,000. Additional incentive to investor desirous of using property as car dealership to also purchase adjacent one acre fenced car lot property, also owned by seller.
The Property Information/Description Above is provided by Seller. Buyer to Verify All Information.
Please note the Gas Station is also listed for sale separately under Listing ID #29935397
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- Joseph V Williams, agent and Rofo Pro