6214 Highway 58, Harrison, TN 37341

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Building Details:

• Year Built: 1988

This self-storage facility includes 10 buildings that total 48,700 square feet. It is well positioned on Hwy 58 in Harrison, TN which is in the Chattanooga, TN metro area. It has 226 feet of frontage on Hwy 58. Hwy 58 is a major 5-lane artery going north and south. The Hwy 58 submarket will have significant growth over the coming years due to the close proximity to the Volkswagen and Amazon plant facilities. These facilities are a few miles away. Current (December 2010) occupancy is at about 75% with the Gross Potetial Income at $244,000 and actual income at $209,000. The 10 buildings include a 3,600 SF office building and a 4,500 SF shooting range. The adjacent property is Carter's Shooting and Hunting Supply store. This property is for sale too by the same owner. The Seller would like to down size his retail store into the 3,600 SF office facility and keep the shooting range open. He would do a sale lease back for these 2 buildings.