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KW COMMERCIAL423.664.15501830 Washington Street
Chattanooga, TN 37408JENNIE BROCKMAN CCIMBroker, OP, CCIM0: 423.664.1550C: [email protected] #269196
Car Dealership Location For Sale
OFFERING MEMORANDUM
PRESENTED BY:
CHATTANOOGA, TN
2135 CHAPMAN ROAD
Each Office Independently Owned and Operated kwcommercial.com 2
KW COMMERCIAL423.664.15501830 Washington Street
Chattanooga, TN 37408
Confidentiality & Disclaimer
JENNIE BROCKMAN CCIMBroker, OP, CCIM0: 423.664.1550C: [email protected] #269196
All materials and information received or derived from KW Commercial its directors, officers, agents, advisors, affiliates and/or any third party sourcesare provided without representation or warranty as to completeness , veracity, or accuracy, condition of the property, compliance or lack of compliancewith applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of theproperty for any party’s intended use or any and all other matters.
Neither KW Commercial its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy orcompleteness of the materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, thatmay be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters ofsignificance to such party. KW Commercial will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed inwriting.
EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.
Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections andinvestigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by theparty including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. KW Commercialmakes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. KW Commercialdoes not serve as a financial advisor to any party regarding any proposed transaction.
All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data orperformance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can beestablished at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as marketconditions,vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party withan attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by theparty with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmentalrequirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. Allproperties and services are marketed by Chattanooga - Downtown in compliance with all applicable fair housing and equal opportunity laws.
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. Itis submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
OFFERING MEMORANDUM
PRESENTED BY:
CHATTANOOGA, TN
PROPERTY INFORMATION
1 | PROPERTY INFORMATION
EXECUTIVE SUMMARY
PROPERTY DESCRIPTION
PROPERTY DETAILS
COMPLETE HIGHLIGHTS
ADDITIONAL PHOTOS
1PROPERTY INFORMATIONCAR DEALERSHIP LOCATION FOR SALE
OFFERING MEMORANDUM
Each Office Independently Owned and Operated kwcommercial.com 4
OFFERING SUMMARY
SALE PRICE: $12,500,000
LOT SIZE: 11.28 Acres
YEAR BUILT: 1986
BUILDING SIZE: 56,234 SF
RENOVATED: 2016
ZONING: M-1
PROPERTY OVERVIEWIncredible opportunity to own one of the best car dealership sites in Chattanooga!The 3 buildings are on a sprawling 11.28 acre corner lot with nearly 1,000 ft offrontage on Hwy 153 and total more than 56,000 SF. The main building is 43,234SF and houses the showroom, offices, break room, customer consultation andservice waiting room areas. The 20 bay service garage is connected with acustomer drive through and parts department. The rear building has another13,000 SF of area with reception, waiting room, offices and service bay with spacefor 13 lifts. The third building is a 5-bay detail shop totaling approximately 1,500SF.Owner is willing to consider a lease. Please call for more information.
PROPERTY HIGHLIGHTS• You can't beat this location and visibility!
• 11.28 Acres with 56,000+ SF
• 70,000 vpd on Highway 153
Executive Summary
CAR DEALERSHIP LOCATION FOR SALE 1 | PROPERTY INFORMATION
Each Office Independently Owned and Operated kwcommercial.com 5
PROPERTY OVERVIEW
Incredible opportunity to own one of the best car dealership sitesin Chattanooga! The 3 buildings are on a sprawling 11.28 acrecorner lot with nearly 1,000 ft of frontage on Hwy 153 and totalmore than 56,000 SF. The main building is 43,234 SF and housesthe showroom, offices, break room, customer consultation andservice waiting room areas. The 20 bay service garage isconnected with a customer drive through and parts department.The rear building has another 13,000 SF of area with reception,waiting room, offices and service bay with space for 13 lifts. Thethird building is a 5-bay detail shop totaling approximately 1,500SF.Owner is willing to consider a lease. Please call for moreinformation.
LOCATION OVERVIEW
Property located near the intersection of Chapman Rd andInternational Dr adjacent to Acura of Chattanooga.
Property Description
CAR DEALERSHIP LOCATION FOR SALE 1 | PROPERTY INFORMATION
Each Office Independently Owned and Operated kwcommercial.com 6
SALE PRICE $12,500,000
LOCATION INFORMATION
Building Name Car Dealership Location For Sale
Street Address 2135 Chapman Rd
City, State, Zip Chattanooga, TN 37421
County/Township Hamilton
Nearest Airport Chattanooga Metropolitan Airport
BUILDING INFORMATION
Building Size 56,234 SF
Price / SF $222.29
Year Built 1986
Last Renovated 2016
Tenancy Single
Number Of Floors 2
Load Factor Yes
Free Standing Yes
Number Of Buildings 3
PROPERTY DETAILS
Property Type Retail
Property Subtype Free Standing Building
Zoning M-1
Lot Size 11.28 Acres
APN# 138J A 005
Lot Frontage 921
Traffic Count Street Hwy 153
Traffic Count Frontage 921
PARKING & TRANSPORTATION
Parking Type Surface
Property Details
CAR DEALERSHIP LOCATION FOR SALE 1 | PROPERTY INFORMATION
Each Office Independently Owned and Operated kwcommercial.com 7
SALE HIGHLIGHTS
• You can't beat this location and visibility!
• 11.28 Acres with 56,000+ SF
• 70,000 vpd on Highway 153
Complete Highlights
CAR DEALERSHIP LOCATION FOR SALE 1 | PROPERTY INFORMATION
Each Office Independently Owned and Operated kwcommercial.com 8
Additional Photos
CAR DEALERSHIP LOCATION FOR SALE 1 | PROPERTY INFORMATION
LOCATION INFORMATION
2 | LOCATION INFORMATION
REGIONAL MAP
LOCATION MAPS
AERIAL MAP
2LOCATION INFORMATIONCAR DEALERSHIP LOCATION FOR SALE
OFFERING MEMORANDUM
Each Office Independently Owned and Operated kwcommercial.com 10
Car Dealership Location ForSale
Regional Map
CAR DEALERSHIP LOCATION FOR SALE 2 | LOCATION INFORMATION
Each Office Independently Owned and Operated kwcommercial.com 11
Location Maps
CAR DEALERSHIP LOCATION FOR SALE 2 | LOCATION INFORMATION
Each Office Independently Owned and Operated kwcommercial.com 12
Car Dealership Location ForSale
Aerial Map
CAR DEALERSHIP LOCATION FOR SALE 2 | LOCATION INFORMATION
DEMOGRAPHICS
3 | DEMOGRAPHICS
DEMOGRAPHICS MAP
3DEMOGRAPHICSCAR DEALERSHIP LOCATION FOR SALE
OFFERING MEMORANDUM
Each Office Independently Owned and Operated kwcommercial.com 14
POPULATION 1 MILE 3 MILES 5 MILES
Total population 3,084 33,903 98,476
Median age 40.1 38.0 37.9
Median age (male) 38.8 36.2 36.3
Median age (Female) 41.3 39.4 39.7
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES
Total households 1,493 15,075 42,535
# of persons per HH 2.1 2.2 2.3
Average HH income $44,418 $46,496 $52,294
Average house value $140,420 $136,152 $140,311
* Demographic data derived from 2010 US Census
Demographics Map
CAR DEALERSHIP LOCATION FOR SALE 3 | DEMOGRAPHICS
