NAI Charter Announces $4,700,000 Sale of 19 Patten Parkway
CHATTANOOGA, TENNESSEE – March 1st, 2023 – NAI Charter, a member of the world’s premier managed network of commercial real estate firms, announced today that it represented the sale of 9409 Apison Pike “Four Corners” by GC Taco Bell Kingsport, LLC to Apison Pike Center, LLC.
“There has been a series of planned new investments in the properties along Apison Pike. Since the Rite-Aid vacated the anchor building, there have been questions about how best to revitalize this retail center.” Said Vice President, D. Frazier DeVaney Jr. of NAI Charter. “The buyer has plans to repurpose the vacant building, so it is exciting to see continued investment along Apison Pike.
32,000± square feet mixed-use town center at the corner of Apison Pike and Ooltewah-Ringgold Road in a high-traffic area.
About NAI Charter
Founded in 1972, NAI Charter is Chattanooga’s premier commercial real estate service provider. Combined, our staff of six full-time brokers offers more than 100 years of experience! Two brokers hold the SIOR designation and two hold the CCIM designation. NAI Charter’s national resources and local knowledge help us exceed expectations by delivering finely tuned, premium services. We also offer a full-service property management division, that currently manages 41 commercial properties totaling over 940,000 SF. For more information, visit www.naicharter.com.
About NAI Global
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 300 offices strategically located throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 5,100 local market professionals, managing in excess of 1.1 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world. NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services. To learn more, visit www.naiglobal.com.