4921 Ooltewah Ringgold Road, Ooltewah, TN 37363

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Judy W.

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Building Details:

4921 Ooltewah Ringgold Road is a mixed-use property for lease in Ooltewah, TN.

This is an out parcel Commercial building of Apison Crossing and is 100% occupied.

Dry Cleaners: $3390. a month, 3000 sq ft, lease expiration January 31, 2019 with additional options to renew, NNN: taxes, insurance and $1.24 CAM per sq ft.
Thrift Store: $2500 per month, increase to $3000 on the 3rd year and $3200 4th & 5th year. Lease expiration May 31, 2019, options to renew. NN, no CAM charges, 3400 sq ft.

All lease rates are below average.(NN: taxes & insurance)

The Mattress Store is owned by the property owner, therefore there is no rent to calculate. He is willing to continue to run his business in this location and rent for no longer than 5 years, sell his business, or close the store should the Buyer be an owner/user.

Owner is ready to retire and willing to owner finance with an acceptable offer.

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